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No he is targeting for the most profit.

After the attention MGS4 got, even with casual gamers, which wasn't it target audience, he is trying to make quick profit making a game for a cheaper to develop plataform that already enjoys 55million users and is getting more users because of Sony focus on revitalizing the PSP.

Sony definitely promised advertising support and asked Konami to make MGS for PSP. There is a reason all publishers are making game for PSP now, Sony is giving advantages to making PSP games and pushing the publishers. Same for valkria chronicles2, SE games, Dante inferno, Assasin creed. Every major publishers has a PSP games on the pipeline, if they don't is because they haven't announced yet.

The PSP has a huge success on japan, which alone can sell enough to turn profit for konami since japaneses like MGS. And the worldwide appeal of the franchise will help sells hardware outside of japan, wich is what Sony wants.