Thomas Barton at gwn.com (Gameworld Network) depressingly summarizes the PSP's probable future demise. The overview of the PSP's many faults are obvious, but he does introduce pricing comparisons and format competitions into the picture.
- Games cost more to develop leaving less return for publishers
- No Killer App now or lined up in the future
- Game sales are low
- Too many watered down ports
- UMD sales declining
- Higher hardware costs for less gaming
- High Load Times
- Low Battery Life
Good, but too late?
- PSX Emulation of 7000 games on the way (hopefully)
- Great device for hackers/homebrewers
- GPS and Camera on the way
Points I want to add:
- The LCD screen is extremely cheap (ghosting, blurriness)
- UMD movies costs more than DVD versions that have more features
- Memory Sticks cost way more than standard SD or CF memory
- It's difficult to keep homebrew because of forced updates
Regrettably, I am in full agreeance with Mr. Barton. The PSP has been completely outshined by the DS in their respective first years. While the ideas behind the PSP were very tantalizing, the execution has failed miserably and has possibly reached the point of no recovery.
Thomas suggests that you trade in your PSP while it's still worth money. I would have to agree if your funding is limited. The funds would be better put towards a DS, Wii, Xbox 360, or PS3. I'm not going to give up yet, because I find the PSP worth my $125 entry fee (I love ebay). But rather than allowing your dusty PSP lose any further value, you may consider just moving on. Tell it you love it, and it has been fun, but it's time for you to seek other opportunities.