PSP Update! - Playstation Portable Firmware Update 5.01

An update is coming for the Playstation Portable (PSP). So what does PSP Update 5 will do for us? I guess, you are asking that question now. The answer to that question is posted below:

“PSP firmware update 5 added direct access to the PlayStation Store, and we’ve since found an issue related to larger-capacity Memory Stick PRO Duos, which we’ll be addressing with a new update (5.01). When downloading content from the Store to a PSP with an 8 GB or 16 GB Memory Stick Duo media inserted, you may see a message indicating that the media does not have enough free space, even when sufficient space exists. Update 5.01 resolves this issue and will be coming soon”