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The PSP2 when it comes out should IMHO:

  • Released worldwide in 2010
  • $150-$200 in the US, comparable amounts elsewhere in the world
  • Significantly faster processor and GPU with 128-256Mb RAM
  • Screen resolution along with external displayable resolution of 720p
  • Dual analogue along with additional buttons
  • Touchscreen LCD
  • 16Gb minimum built in storage with additional storage up from 16Gb-128Gb card slot
  • Dual battery core allowing 12 hours +
  • Superfast WIFI
  • Basic Tilt and Swerve functionality similar to SixAxis while playing on external display
  • Backwards compatible with UMD with super slim UMD drive compatible with PSP1 UMD and new enhanced UMD storage allowing 4Gb minimum on one disc.
  • Sony creating specialist studios for small budget cheap games to be released at $10 each.
That should do for a start.

Prediction (June 12th 2017)

Permanent pricedrop for both PS4 Slim and PS4 Pro in October.

PS4 Slim $249 (October 2017)

PS4 Pro $349 (October 2017)