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With the pre-orders out (here in Canada), I really dont think the PSP is worth $400 CAD. If it had atleast a 5 gig internal hard drive, maybe it would be worth the money. Having to buy an 1 GB or 512MB Memory stick for an extra $150-250 just doenst seem to practical. Paying $200-250 for 1 GB doesnt make alot of sense. Although I find the PSP to be pricy, who said I still don't find it sexy and probably will end buying it down the road 