Back at CES, Sony demonstrated a feature which is due this year which will allow users to copy movies onto the PSP from Blu-ray discs in their PS3. They of course will be copy-protected and be 'PSP optimized'. It's said to take 3-5 minutes to complete the operation. The files will be around 1GB in size so you may want to increase the size of your memory stick. New memory sticks coming out in March by Sony are now as big as 16GB with 32GB due next year. Below are 5 pictures of the new feature unseen on N4G.
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