Sony have launched their latest firmware for the PSP. Version 5.0 is the latest update which allows for Wi-Fi access to the PlayStation Store as well as a full sized QWERTY keyboard.
Other goodies included are… the ability to output video from PlayStation format software to a TV (PSP-2000 only). Playback formats have also had a change too so that now MPEG-4 AVC (H.264) Video Main Provile (AVC CABAC) in 640 x 480 pixels can be used (if you understood what that means!)
A sleep timer has been added to the control panel so that music can be played as an alarm clock to wake you up in the morning.
Other PSP 5.0 Updates
* [Title Display] has been added as an option under [Video Settings].
* [usb Auto Connect] has been added as an option under [System Settings].
* [Backlight Auto-Adjust] has been added as an option under [Power Save Settings].
* The default Theme for the PSP system has been redesigned.
* You can now use a full-size on-screen keyboard.
Via: Akihabaranews
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Take a wild ride through the action packed streets of the original Dreamcast games, Crazy Taxi and Crazy Taxi 2, on the go. Only skilled cabbies need apply for Crazy Taxi: Fare Wars, where drivers need to be more aggressive than ever to earn the big money by speeding fares to their destination, no matter what the obstacles. Drive through the two original maps of Crazy Taxi, both inspired by the steep hills, trademark cable cars, and breezy waterfront of San Francisco. Then head for the Small 
Dungeons & Dragons Tactics makes use of a simple overworld map between battles. The map shows key locations of interest, with the party’s current location depicted by a flag icon. While a few cutscenes are triggered upon entering certain locations, in general, the party is free to move to any known location. There is no notion of time associated with movement, and there are no random encounters. At some locations, players can buy additional goods, and can always trade items between characters or adjust character equipment. When a battle or mission is available at a given location, the “Adventure” action is presented, allowing players to undertake the indicated scenario.
One of my favorite PSP Games is Naruto. A full Pack action games that you need to download if you are like a kid like adventure of naruto. You have to finish some Scenario in order to unlock the best fighter in this game. Well I have not yet completed playing this one. And We have just unlock 2 characters.
Coded Arms Contagion thrusts players into a new cybernetic crisis where they must use their hacking abilities and an arsenal of high-powered weaponry to survive. As a lone security agent, players will enter A.I.D.A., a virtual reality military training program, to prevent cyber-terrorists from taking control of the program and gaining access to classified military information. Across a variety of enclosed and open-air levels, players will take on original enemies with an all-new selection of firearms and explosives that lets them counter the terrorist menace with more firepower than ever before. Up to eight players can go head-to-head in the game’s new online multiplayer modes.