my prediction on the PSP2 will focus on the games that will be released for it.
Not only will you have you normal about of Japanese PSP2 games coming out in Japan which are just for the PSP2, but also have some PSP2 only games from 1st party and some 3rd. That there is all is basically common sense on what going to happen But!
You will hear that future releases like the new Mortal Kombat and other 1st and 3rd party titles like Uncharted 3 and sport titles like Madden and Fifa will not get an PSP counterpart but instead the PS3 version of the game ported onto the PSP2 and the only difference would be lower graphical settings (like on PC how you have Low, medium and high and inbetween) but it will play exactly the same and will offer the following features:
1. Ability to wireless sync game data from PS3 game version to the PSP2 version and continue from your last save on any device, going with the whole play at home and then play on the go.
2. Cross platform chat and messaging with full PSN network support
3. Cross platform Online play: Since the games are exactly the same you will be able to play
But other than new titles offering this they will release the best titles from this gen as well such as Metal gear solid 4, Uncharted 1/2, god of war 3 extra.
This style of portable gaming will be very popular among PS3 owners and offer people who dont have the space (japan) or cant afford the whole TV set up (developing markets) to get the full HD experience of the PS3 from your hand and get all the features. It will entice 360 owners to buy instead of an ps3 to try out the exclusives.
Due to being basically an portable PS3, as long as there are ps3 games being released there will be PSP2 releases.
Also the PSP2 will launch November 1 2011 and the first title will be Uncharted 3.
Of Course That's Just My Opinion, I Could Be Wrong