Sony Computer Entertainment America has announced today three new initiatives for the PSP. Starting today, a new PSP “Favorites” software line will debut with a little price tag of $9.99 USD. The other new initiative is the PSP go “Digital Game Pack,” which will be available to new purchasers of the system. The Digital Game Pack includes PlayStation Network downloadable game vouchers for three premiere PSP tiles. Finally, the “Greatest Hits” library for the PSP will grow to include more than 60 titles, which includes four new games.