That's the question of the day over at Gamasutra.com. Writer Howard Wen posed the wide-open question to a handful of industry insiders and pundits and came back with some interest responses.
The piece is fairly positive overall, which may shock some considering the overwhelming amount of moaning going on about Sony in the gaming press and on the discussion boards.
If you look at the numbers, though, it shouldn't be all that surprising that the machine isn't considered a failure by many in the industry. Simply put: The PSP is getting its butt kicked by the DS, but consumers continue to pick them up and put money in Sony's coffers, which is all that really matters in the end.