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What exactly have Sony learnt? There are many lessons to be learnt from PSP Go, but having a download only hand-held can work. They just need to look at the iPhone and the app store for evidence of this. Two lessons to take from PSP Go:

  1. Having a ridiculously high price when you have a competitor (in this case their own PSP3000) that does more for cheaper is not a good idea
  2. If you're going to release something that is download-only, you need to support it. Even now, most PSP games aren't on the PS Store. Have a look at the plethora of games available for iPhone.

I wouldn't be entirely suprised if Sony announce a PSP2 Phone with Sony Erikkson at E3 as a DS/iPhone hybrid that bridges both markets.