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But do you have any proof that it's only PSP that's being undertracked? Aren't all games regardless of system that miss the charts not counted in the weekly total? If so, then then all systems will be under represented, not just the PSP.

It's possible the PSP is losing by even bigger margins if you include all games from all systems that don't chart. I'd bet that the system market share for charted games is close to the system market share for non-charted games. If so, then the PSP is probably losing worse if you were to include all game sales in the total.