User blog:D.Ryan/What the hell is BioShock Vita?

Hey guys!!! it's your #1 blog writer here and today, I want to know what BioShock Vita is, now usually I don't follow BioShock and it's news and this is new so I want you to tell me what it is.

So what is it?
I know, I could do this myself but I want a super expert to explain it to me, so please just tell me!
 * I read it's not going to be a handheld port
 * I also read that Ken Levin wants Irrational Games t design it themselves
 * I also read they are seeking "Outside help"
 * I hear it's going to be used on Playstaion Move (Why not Xbox 360 Kinect?)