It can not, since it doesnt have a video recorder. But probably there will be an update in the near future.
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the ps vita vault case
It stands for PlayStation Vita and 'vita' is Latin for 'life'.
No it can not. The PS Vita can not play the Black Ops game. The PS Vita plays PSP and PS vita games not PS3 games
No, the PS Vita has a cartridge-based system similar to the Nintendo DS. These are called PS Vita Game Cards.
As long as the game is on the playstation store. If you cant find it on on your ps vita's playstation store than look for it on your ps3's playstation store, then you can transfer it to your vita via the applications folder in content manager.