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No it really doesn't.  Even with something new, exciting, innovative and a stellar game line up, the best Sony can hope for with the PSP2 is take some more of Nintendo's handheld marketshare.

All of those things are going  to get harder and harder to achieve the later the system is released, when that's going to happen is anyone's guess.  I think the best we can hope for is an end of year release in all territories and if it slips to next year I really can't see it performing better than the PSP.

Furthermore i think it's relatively unlikely, given historical trends, that Sony is going to outperform Nintendo on battery life or pricing for either hardware or software.