From the day it came out, rumors have abounded about the PSP. Here we'll examine some of the myths, new and old, that still surround the system, and decide how true they are.
Myth: With the PSP2 (now known as NGP) revealed, Sony has given up on the PSP.
Fact: 2010 was one of the best years ever for the PSP, with some of the strongest support yet from Sony and third-party developers. 2011 may not promise as many new games, but with Patapon 3, MLB 11: The Show, Dissidia 012: Final Fantasy, and Lego Star Wars III: The Clone Wars in its corner, the PSP hasn't been knocked out yet.
On top of that, the entire PSP library totals over 600 games, according to Wikipedia. With the continuous addition of PSP Minis and PSOne Classics, that number can only get larger.
Check out http://www.vgreleases.com/psp/ for the release dates and press scores of upcoming PSP games.
Myth: The PSP just doesn't have any good kids' games. It's for teens and older.
Fact: LocoRoco, Gurumin: A Monstrous Adventure, and Daxter are proof that quality PSP games for younger audiences have existed for a long time. In addition to retail games, you can find an especially large number of E-rated games among the PSP Minis and PSOne Classics in the Playstation Store (for cheap, too).
For some further recommendations, see How to Choose PSP Games for Kids 10 and Under.
Myth: Buying a PSP will still cost you an arm and a leg.
Fact: PSP was pricey at launch, but prices have fallen. Sony most recently cut the cost of the core system to US $129 (in Canada as well), which will help the PSP remain competitive until the NGP's arrival -- and maybe even beyond.
Older PSP games have also been discounted. EB Games in Canada has great prices on several older, quality titles.