the PSP is basically Dead

Yes the handheld is still a huge hit in Japan, but what is its status in America? Or anywhere else for that matter? Reports have revealed that a majority of smaller Gamestop stores are getting rid of anything that is PSP or PSP related for the sake of bringing in the new products such as games for the Vita, 3DS, and even early preparation for the Wii U.

This was clearly going to happen sooner or later, Sony has done very little with the Portable for the last two years or more. It is now clear that Sony has all its handheld interests in the Vita, and that PSP would just die off similar to how the DS killed the Gameboy, or how the 3DS will potentially kill off the original DS...

Despite all this, a few of the Larger Gamestop stores will still have PSP products, but they'll forever be seen as an old school product possibly next to the PS2 and PS one games.