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The PSP is between a rock and a hard place. On the one hand, the PSP is finished in NA (and probably Europe too but I'm too lazy to check sales right now). It barely sells more than the PS2 software wise now. But on the flipside, if Sony were to release a PSP2 anytime soon, it would be mad expensive. Think bout it. A PSP Go still goes for $250. Can you imagine how much a PSP2 would cost in retail? It's way too early for a PSP2 for that reason. All Sony can do is just count their losses, focus on Japan right now and then come out with a PSP2 when they can realistically release it without charging bloody $300 for it or something. The $250 price point is way too much as it is. That's only $50 less than a PS3. For handhelds, $150-200 is the range of acceptability for launch.