The PSP Go is priced too high for what it actually is, a slightly smaller and lighter psp that can't use any umd's. The msrp of psp go in Japan is 26,800 yen, compared to the 16,800 yen price of the psp 3000.
Just what market is the psp go aiming for? Current psp owners? Can't be as their whole game collections would be rendered useless. Maybe the portable market like the ipod touch. Well for about 3,000 yen more than the go you can get a 2nd gen. 32gb ipod touch, which has twice the storage (psp go has 16gb), is smaller and lighter and includes a touch screen. Not to mention all the stuff on itunes app/game store.
Now if you don't care about all that stuff and just want to play psp games, it makes no sense to spend an extra 10,000 yen and get the go over the 3000. You can pick up a few new or used games for that money and get something that has more functionality.
starcraft: "I and every PS3 fanboy alive are waiting for Versus more than FFXIII.
Me since the games were revealed, the fanboys since E3." 
Skeeuk: "playstation 3 is the ultimate in gaming acceleration"
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