I've got 1 GB of DDR2 RAM (NOT DDR1), so my computer's probably the equivalent of 1.5 - 2 GB of DDR1 RAM. Of course, I'm still looking into the prices for a 1 GB stick of RAM...if this works with Windows XP.
PSP is so slow that when you encounter a a 5-minute loading time and turn off your PSP, the PSP will continue loading until it figures out it's supposed to be off...which takes another 5 minutes.
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