Modding the new slim PSP is a lot harder I believe as it requires a custom battery and some other stuff...
Playing UMDs off memory stick is the best reason to mod though. For some games it's a god-send, especially RPGs... So basically with a PSP, a huge memory card, and some hard work, you can have a portable game system loaded with emulators, other apps, and some UMDs to play right off the stick. Throw in multiplayer on games like Puzzle Quest (a recent addiction) and there are much worse things to throw a couple hundred away on... But then again, I love my DS as well...
"50,000! You scored 50,000 points on Double Dragon?"
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