Sony developing PSP 2

The device is a successor rather than a redesign of the current system; recent rumors have suggested that Sony is also working on a redesigned PSP. It is not clear if the two rumors are in fact speaking about the same project, but this new report definitely refers to a brand new system. It will have built in hard drive support from the beginning, and will not be using the UMD media format, either for games or for other content.