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It's all about preference. What are you looking for from a portable? If you like on the go games, quick pick up, no load times, fast and fun, a DS Lite might be the best choice. If you want console games on the go, you'll want a PSP. If you want to also listen to audio and watch videos/movies, you'll want the PSP. And if you want a highly customizable/hackable platform, you'll want the PSP.