yes.
E3 pretty much revived the PSP, there's a lot of good stuff coming for it with games like gran turismo, little big planet, a new resident evil game made exclusively for the psp, dissidia final fantasy,..
take a look at the E3 psp lineup trailer here:
http://www.gametrailers.com/video/e3-09-psp/50875
Likot Mosuskekim, Woodcutter cancels Sleep: Interrupted by Elephant.