So the PSP can play movies, which apparently is a big deal to all the magazines doing little blurbs on it. Does anyone else think that is just stupid? Apparently you’ll also be able to import files on memory sticks or something, which sounds mildly useful, maybe, but the idea of re-buying movies on a PSP-exclusive disc for twenty bucks a pop is moronic. If they couldn’t make it compatible with an existing DVD format, it doesn’t seem worth it.
Game Boy has something like this, cartridges that play Nickelodeon cartoons or something, but that's more a novelty for kids, not something that's being promoted as a huge new multi-function media product.
The price of portable DVD players has dropped enough by now that if watching movies is your thing, you’re far better off springing for the DVD player and watching movies you already own. The all-in-one DVD player functionality of the PS2 won people over because it added value (when it wasn’t wearing out systems prematurely). No one would have been excited if the PS2 forced you to buy special DVDs that didn’t work anywhere else.