PSP Download Service Launching Simultaneously With PS3

The upcoming PSP download service that's going to allow you to watch movies and play Playstation 1 games on your PSP is launching simultaneously with the PS3. Sony's head of platform development says there's no problem running the PS1 games on the PSP using an emulator, which is good news in a time where bad news turns up more often on Sony's doorstep.

Sony's also said that the PlayStation 3 would be ideal in being a download service hub for the PSP as well as being a gaming console. I think I can, I think I can, I think I can.

PSP something something PS3 something something [Nikkeibp via Gamesindustry]