PSP got nicer graphics!!! And somemore PS2 now lack of new games.. At least new games are coming out for PSP

Quoted from the top... PSP can play PS1, GBA, SNES games... Can watch movie.. Become ur personal ipod video =D

PS2 got PC emulator now already.. Don't know how well it works with commercial games but at least there's an emulator.. PSP doesn't have on the other hand..

All points to PSP > < But I bought a PS2 : P Just few months back