That is not a requirement to be a console though... if the PSP is a portable console, then what is the PSP Go?

An abomination

More like one of the best portables ever...if you have a way to dump your UMD's of course. Yes, it is flawed.

Youre opening the box of pandorra here because there were so many digital only devices with their own OS. For claiming to be an Atari console its pretty lousy to not have physical media support, seems like a cashgrab to me.

PSPGo is a revision of an already existing hanheld, which allready supports physical media. Handhelds are not console.

Yes, it is flawed because the 3DS has a far superior library.

Oh, but a cashgrab is exactly what it is. Based on... a name that some hardcore gamers and an older generation know? Portables are consoles, though! You can make the distinction between portable and stationary, but nevertheless... https://en.wikipedia.org/wiki/Video_game_console 

For you

To each their own!

Whoops,anks.  thsi went back to "kind of interesting".

In fact, I read on gamasutra that there may still be a crowdfunding component to this thing.  That looks very unprofessinoal IMO.  I'd still consider buying one at the right price and with the right games (Moon Patrol, please!) but this will be lucky to give NES Classic a run for it's money now, let alone the big guys.

This is a bad idea all the way around. X1 isn't doing gangbusters and it's a great console that people actually care about. This thing is gonna flop hard.