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This is probably due to the fact that Sony's UMD Movie system wasnt really bringing in any bread. Do people game on the PSP anymore?
I do, buttt I picked it up cheap and play a couple of games when bored visiting the inlaws. Have to say they really have messed up with the game selection, far too Japanese orientated. I believe it could have been a big hit with the right games. Although there are a few more starategy games out now, which interest me more than sports, driving, or platform games.
the loss of the UMD drive is actually quiet funny, people using hacked firmware have been playing from memory cards for years.