However, the largest mem stick the PSP can currently support is 4GB. So even when Sony releases mem sticks over 4GB this DOES NOT mean your PSP can support it. You will have to wait until a new firmware for the PSP is released that specifically states it supports memory capacity above 4GB. This is why none of the external HD options go above 4GB, which they obviously would and could if the PSP would support higher capacity.
A PSP with BluRay wouldn't happen until at least 2012. BluRay as a technology isn't even strong and sound in its current state. They aren't going to go and try to make a smaller disc with a smaller laser that can fit in the PSP until the current generation BluRay can prove itself. If the PSP gets anything in the next year, it'll be a revision to the current generation PSP. On-board memory, better battery life, etc...
If you use the PSP Network Update option, then it will download the update version compatible with your PSP no matter where you are in the world. Using your PSP itself to check for updates is the safest way you can update your PSP firmware.
They could make a spin-off LocoRoco Party like Mario Party :) Just a bunch of quirky multi-player games. But unless it's online it would be worthless to me. I don't know any other PSP players in my area to join up with.
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