The PSP hasn't been doing just ports for a long time. Sure most of the better games are built off of existing franchises, but its no different than how this works on any other system. The load times have been much better now than the maiden voyage of the PSP. Developers have been much more keen on programming for the system, this be it since most games now aren't ports and made specifically for the system. As far as any multiplatform release it will always look better on the bigger systems, but keep in mind you can't take these bigger systems on the road with you without some fangled setup that most certainly doesn't fit in your pocket, and the PSP still does a good job with its hardware to give the full 3d experience you'd expect from a console. PSP games are anywhere from 25-35 bucks, and you can find a lot of used for 10-20 bucks, this is a lot cheaper than the 60 bucks of current console games. No right analog stick.... yeah this just sucks, never made sense why Sony never implimented one, and makes shooter games tricky if not hardly playable. Some games like Siphon Filter have some ingeneous fixes to this, such as a mode the resembles WASD mixed with Goldeneye camera control.
There is a new version, kindof like an upgrade of the current PSP that should be out soon that offers video out up to 480p(HD), more RAM for faster loading, and a little less bulk. With the existing multimedia and internet capabilities of the PSP, although not as user friendly as the Ipod, the new PSP version still should make this attractive for its 170 dollar price if you wait just a bit for this upgraded system. Its not a PSP2 though, and one shouldn't expect one anytime soon. Maybe wait till Nintendo releases a truly capable 3D portable and you might see Sony rolling around ideas.
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