It should be noted that the PSP sold more than the 3DS ever will. And yeah piracy killed it (and Sony never really being committed, saving PS3 was bigger priority). For a few years PSP was very competitive against the DS, even outselling it iirc, but then came the CFW.
PSP was a revolutionary device back in 2004. A widescreen LCD, PS2 like graphics, joystick, movie/mp3 player, internet browser, the XMB. Coming from a purple non-backlit gba it was crazy.









