News has been slow in the world of Monster Hunter the past little while.
Japan has seen the release of the Monster Hunter 3G for the 3DS. Japan has also seen the release of the Vita. It is safe to say that the Vita is flopping, and it truly needs a Monster Hunter title to get people in Japan interested.
I would not say that the Vita is out of the market yet, it has been common in past years for a system to flop in one area and sell strong in another.
Maybe a English port of Monster Hunter Portable 3rd could breath some life into the Vita when it finally hits everyone else’s shores?