Hmm.. These devices are quite different. PSP is more a platform for videos and games, either then music. To convert videos it takes quite sometime to get urself a nice tool like Alloy mpeg4, avi etc converter... Once you set it up, it will convert ALL formats u can think of really fast in Mpeg4. Otherwise there are always enough resources with converted videos..)
However. Its not THAT small to be an audio player, in fact im not really sure what is this function for, guess couse this is a multimedia device.
So I also have an MP3 player that can fit in the pocket.) Much better.
Btw, if we talk about video formats, It supports most of them, however some freeware players should be installed to play them.
I could watch DivX, Avi, Mpeg4, something else, though I still use its natural format.
Thats why if u need a player, PSP isnt suitable for that... Believe me.
2willabong. Dont be rediculous.. If you have a PC with internet why to download stuff from the device? O.O When you can simply upload whatever you want from your PC in your pocket device. ) Anyway im not quite sure if Touch has faster internet. Usually it depends more on the network speed itself, and if we talk about free wifi, they re usually slow or overloaded.