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On another note, I'm typing this on my Christmas present, a PSP.
I received one as an Xmas present too. It was pretty cool to be surfing the BBC news website within a few minutes (once I'd figured out how to input text on the thing).

There's a ton of hacks out there for these things; you can play ISO's of your old Playstation1 CD's as well as a load of homebrew apps and game ports. If you're that way inclined yourself and want some links to get started just let me know.