PSP Lite

The new PSP Lite is slimmer, thinner, faster than the original

So far, the PSP Lite is looking good: additional memory, built-in cache for the UMD system, the ability to play games and videos on a TV (for example) and, a great additional bonus, the loading times in most games has been sensibly reduced.
The UMD loading tray has been somewhat simplified, so you no longer have to fiddle with it in order to load an UMD disk. Also for the better, external video playback is almost near DVD-quality, so getting UMD movies and playing them over a TV really makes sense now. The PSP Lite will be ship in several retail packages with a variety of bundle options that include pack-in games (Daxter rumored to be amongst those games), UMD movies, memory sticks.Personally, I am glad I don’t own a PSP yet, it’s great to get a new improved one - now the PSP needs some extra cool games!

Expect the new PSP (in several color options, too!) to ship starting from September the 17th.