Update: SCE UK PR were contacted about the story by Joystiq and were told: "There are no immediate changes planned for PSP." So, someone is lying, right? Sounds like a bit of a PR mess to us. We'd be inclined to believe that the PSP will be getting some sort of face-lift. Just look at the PlayStation to the PSOne and the PlayStation 2 to the PSTwo. They both shrunk and got a sexy new look, so we'd expect the PSP to do the same sooner rather than later.
Original Story: Amidst rumours on the matter, finally a piece of fact has wormed its way to the surface from Sony HQ. Indeed it looks like a rival to the DS Lite is on the way! GamesIndustry.biz is reporting that Sony's UK managing director, Ray Maguire, has confirmed a redesigned PlayStation Portable is currently being worked on. According to Maguire a "smaller, lighter" version will launch in the future, similar to how the PlayStation and PlayStation 2 were both re-designed later into their respective lifespans.
But Maguire was keen to note that the PSP's screen size will not be changing, making you wonder just how Sony can make it smaller. Currently the basic PSP pack costs