The future of portable gaming involves having more online distribution similar to iPhone/iPod touch and their App Store. At first, I wasn't warming up to the idea of PSP Go having download games only. Now I realize it can be fun storing dozens of games on my handheld without needing to worry about losing the physical game. My MediaGo/PSN account backs it up in case my data gets erased. With the original PSP, I get the best of both worlds anyway (physical media + online). Only hobbyists and pack-rats who want to turn junk into gold may still care about physical media for resell value.
The prob with iPhone is it will never have buttons to EXPERIENCE these older games the right way. I used to have a great emulator for the Genesis on my iPod touch with excellent framerate and it still sucked playing Sonic on it just like the official one in the App Store without the feel of buttons. Platformers and fighting games are pretty much useless to plsy on an iPhone. For $10, the Genesis Collection already offers more value and I get the controls I want while turning it into a sleeker Sega Nomad. I really hope they continue to make more of these compilation games from the 16-bit days and later eras. They can offer a ton of value if done the right way. Final Fantasy 1 & II is offered for like $9.99. You get a superior game in FFVII - FFIX for the same price at PS Store and automatic 30 - 50 hrs of gameplay. Stick to a PlayStation system to play PlayStation games.
Help these game companies out. Square Enix is going through financial probs. I used to be a freeloading pirate and refused to pay for anything from the App Store for months when it first released. Then I realized it can be wrong to mooch off these companies. With ROMS, since you aren't paying for anything, you get what you pay for. Crap gameplay and framerates. No buttons make it worse. $10 is not asking for an arm and a leg here for PS1 classics. Hell, Nintendo still sells their games like Mario Kart DS at a premium ($35) about 6-7 years later. With Nintendo, you pay cheaper upfront for the console, but end up paying more for all their games and accessories. Sony have higher cost for consoles early on, but at least drops the prices on their games and any other popular hit to half ($20) about a year or so later.
Sony got so much flak for adding Blu-ray, and guess what? It won the format war. With Nintendo, you fall for the cheap gimmicks and underpowered systems early on because of the lower price like I did with my Wii and DS, and then you get really bored with it later on. It is 2011 and the system needing an upgrade is now the Wii. The PS3 was built to last longer and is more future-proof to give you a ten-year cycle. 3DS Version 1 is a "NO" for me. They will update it again in 12-18 months and hopefully have something better than that 3 -5 hrs of battery life. Their first GBA had no backlight. Their first GBA SP and DS had a dim backlight. Then they updated it again and again. I love Nintendo, but they are just as bad at swindling people than Sony.