I know that there is a separate forum for the DS and PSP, but I thought this was too important not to put in the VG forum.
From www.gizmodo.com
In a bit of a shocker, it seems that Sony has confirmed the PSP Updater we first reported Friday as a legitimate piece of software, although prematurely (and potentially harmfully) leaked to the web. What makes it interesting is that among other things, the update will add word processing and spreadsheet software to the PSP, finally following up moves made by Sony last year to consolidate its PDA line and its entertainment line into a single device (Sony still sells its Clie PDAs in Japan, but has removed them from the market elsewhere).
It will be a long while before anyone is actually using the PSP as a mobile computing device—at least until Sony officially releases the update themselves, not to mention peripherals like a keyboard or other input device—but it's an interesting development to say the least. Could a business-class PSP overcome the stigma of being a gaming device?