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Well i still see PSP and PSPGO listed in the latest JBHIFI junkmail catalogue. Its still viable i guess.

 

Will a PSP2 be shown this year? I don't think so, because Sony need to figure out their cost/reward value on their next system. Too expensive and they'll have another PS3 (or arguably another PSPGO), too cheap and they'lll have to compete with the DS and 3DS. Its a tough choice to make.



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.