David Perry - Shiny Entertainment (Earthworm Jim) founder - is insisting that the PSP 2 is real. Ya. Fo' realz, dood. According to him...
I spoke to a developer who is working on it right now. I know this developer is already working on it, so that means they have a prototype. That would sound like a fall release to me.
I've been pounding on Sony for a long time to make the Playstation Portable relevant and not to let Apple stroll away with the portable game market. Look at what Apple is doing now.
Why are so many investors investing in Apple game development? Trying to pitch a PSP game to investors right now is brutal.
See: Rumor: PSP2 won't have UMD drive, says David Perry *UPDATE* PSP 2 is real, says Perry