The psp is the way to go. I am a psp hacker. You can run emulators, homebrew, psp isos, and do other cool stuff. But its kinda hard to hack it if you just bought the slim psp cause it will most likely be at 4.01 or 4.05 firmware. If you want to hack it I sugest getting the older model like off ebay or something else. I have a hacked psp with 3.90 M33 firmware (M33 meaning custom firmware). The ps3 plays blue-ray movies and games. Just google or youtube ps3 features and you will find out.
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