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This video really puts arguments over graphics into perspective. Everyone was sure that Sony was about to push Nintendo out of the handheld market. Yet the 3DS is still around after all this time, and Vita died back in 2013.

PSP had a lot of things wrong with it. UMD drive took too much power. Mandatory and proprietary memory sticks. Single analog nub, akin to those awful mousenub things you used to see in the middle of old laptops. I bet it could have done 120 million if it had regular memory built in, a real analog stick, and carts instead of discs.