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Advantages psv has over psp
-$20 less of a gap in price point with Nintendo's console
-More third party support, 153 third party devs and making something for it in addition to Sony, psp only had 100 games in development before it launched
-Touch screen, touch pad, dual analogue accelerometer ect.
-Slick flash media instead of bulky annoying UMDs
-Phone+psn level games
-More ps3 compatibility (transferable games, better remote play, usable as controller in games, ect.)
-Digital psp BC


Disadvantages
Phone games as competition?

How the hell do people think it's going to do worse then the psp, that doesn't seem possible at the moment.