Some people are probably thinking that this thread will be about how the PSP Go got lost in the PS3 price cut's wake and it probably did, but it's also about speculating if the PS3 is also to blame for other reasons. 

It's no secret that the PS3 has been a money pit for years and that the PS2 and PSP were cash cows helping to cover its massive losses.  With the PS2 in steady decline Sony may have decided to lean too heavily on the PSP in order to help cover a price cut for the PS3.  In trying to make a PSP that generates even more profit it looks to have wasted a golden opportunity to revitalize the system in the West.

If that is the case will North American and European third parties that were banking on the PSP Go being a huge success end up abandoning the system for good if they get burned because of it?  If that is the case will the PS3 be able to continue to compete without any cash cows propping it up?

We dont know if the GO flopped

I thought it was common knowledge that the PS3's epic price point was designed to cover the losses associated with the PS3 price cut?

The thinking being that Sony might squeeze another few years out of the PS3 if they could help it survive but that the PSP (and DS for that matter) have successors not far off?

Which third parties were doing such banking?

reasons for fail
1. it's 50 dollars more than a psp
2. no umd drive. ( i assume this is to try and kill off used game market)
3. no way to load old psp games on it
4. proprietary cables
5. they made it too small. your hands are too close when playing. they should have keep it the same width as the psp

PSP Go -- sent to die. Shame on you, Sony.

The price, and no way to transfer currently owned UMD games (this one someone from sony should be slapped in the head for). The price does not bother me, but not being able to transfer my few games I play on it over is a big no no. I actually want to get one, but not unless I can sell my old one first

I'm don't know much about the PSP Go so would someone mind answering since it's games don't use UMD then what does it use?

It's all digital, i.e. you download them into the system memory/memory stick and play them from there, like you do with your PC.

Really? Does this mean they won't have any PSP Go games sold at retail stores?? Seems like a bad move....