It was said a lot prior to PSP's launch. However, considering PSP has raw specs on par with GameCube, but lacks in many features and has weaker T&L, plus given that there isn't a single psp game that looks as good as the top PS2 stuff...even disregarding the lower resolution of PSP, the models and textures still don't match top Ps2 stuff, and the effects and lighting...please. And I don't think it bodes well for PSP, because supposendly PSP had much better tools on launch and is easier to program for, so it won't see the improvement that the Ps2 did.