Personally in my own opinion I'd save the cash and spend it on something more worth while. I know the 360 is the latest and greatest at the moment, but in a couple of months the prices for Games will come down, much like everything else. So why buy a 360 when it'll gouge the crap out of your wallet and leave your ass bleeding? Psp, Eh not my fancy for hand held systems I do enjoy playing games just not wherever I go... I'd save the money and invest in nice widescreen LCD Tv or something of that sort, so when prices are more reasonable for said systems you can enjoy them even more than what you have already...
I've lost pretty much all interest in the console market and am trying to stay sctrict with PC gaming (Hate that label). I find the console market too expensive and just doesn't have the charming 3rd party games that won my heart with the N64.
I wish my friend wasn't such a fucker and sold me his Saturn when I wanted it. He played it like Ten times then left it alone.
Buy the following:-Sega Genesis-Sega 32X-Sega Dreamcast-NES-SNES-N64-Possibly Saturn if you've got the cash-And a fuckload of games for each.I'd spend $400 on that, but the only thing I do not own is an NES.