The New PSP

The new rave in the world of music and gaming is Sony's PSP. It has the capability of playing your personal music, or playing games. I think that for $250, I could buy a lot more things that I would actually need. Is a PSP worth $250 of your hard earned dollars? Especially when the games that are needed for it are different than the normal play station, so you have to go out and buy all new games. Personally I think this product is nice, but for the money, I do not think it is worth it. What do you think?