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To be honest I took my PSP back after a month. There is practically nothing comingout on it anymore, and I don't even know why Sony keep advertising it. Oddly enough the PSP itself has sold loads, its just developers would rather make games for the DS.
As for why the PSP has flopped, its for 2 reasons, the type of games it has, and the lack of them. There are far too many ports of games already available on the PS3, like Dantes Inferno, LBP, Modnation etc. Chances are people already have Sony's main console, so why would they wan't to play stripped down versions of these games? Well they wouldn't, and thats been the problem. God of War and MGS on the PSP were original stories though and sold in their millions, but things like this were few and far between. And it doesn't help that other titles were available on the PS2.
In the end it has a poor game catalogue with around 20 really good games (and that includes sequels too), and for the amount of years the console has been out, its just not enough.
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