According to next-gen.biz’s Colin Campbell, rumors are floating around that a PSP redesign is coming. The new PSP would be lighter, brighter, have a stronger battery life, and would most likely still use the UMD format.
Source: New PSP rumors
We get these rumors every month or so, but this time it might seem more credible than in the past. I have to wonder, however. Can a redesign really reinvigorate PSP sales that much? I think the PSP’s biggest problems aren’t going to be resolved so easily. The PSP has a software issue that needs to be addressed. The DS had a very strong software lineup that drove demand for the DS Lite, not the other way around.