PSP has been a failure anyways, from a gaming standpoint. The real drivin point for the PSP was the homebrew applications and with every firmware update that gets further and further away.
And yes, even Blu-Ray is fucked up right now and that is the reason, that review wise, HD-DVD is winnin\' the war (though I doubt it wins it in the long run).
Me personally, I\'m glad to see the UMD movie format fail. It was a pointless format that should of never been put out to the market.