No it's not. Value isn't determined just by how much it costs to buy it. Value is determined by how a person views the package. You can't say "Well it comes with X game, so you have to concede it is a better value for you. It doesn't matter if you don't care about the game! It is a better value because it is there!"
How absurd do you think I am? You think I am trying to publicly justify my cancellation? If I just didn't want a Vita, I would say I just don't want a Vita. It's just a case of buyers remorse. I saw a bundle at a reduce price, jumped on it, then quickly realized how useless the bundled items are going to be for me and decided it's not worth it. If I change my mind later on, I can always still buy a used one for less. So why bother jumping on a deal when I can always get what I need for less later?