Not going to happen any time soon. yifan_lu told me himself that it would be at least a year, implying the source code will be released around then so somebody else is free to back-port it if they want.
I know losing an old firmware is hard - it pained me to give up my 3.18, but ultimately Henkaku is worth it - this is the real deal, not the confusion that Rejuvenate was. If you keep your Vita in sleep mode you don't even have to re-install the exploit, and VHBL does soften the blow. We're all hoping somebody releases a PSP kernel exploit - now is the time, while 3.60 is still the latest firmware.