It’s worth noting right off the bat that this news currently only applies to future PS Vita buyers residing in Japan. It comes by way of Sony’s Japanese office, and has not been announced for any western territories.
For Japanese gamers that own a PSP UMD game library and are looking to play their titles on the PS Vita, Sony has unveiled their only upcoming option. Players will be able to download a PSP application that will allow them to register their UMD software. This UMD Passport program will then let users head into the PlayStation Store on their PS Vitas and purchase previously PSP-only games.
If they already owned the game and registered it with this new passport app, they’ll be able to re-purchase and download the title at a discount. The discounts vary for each piece of software, but they range anywhere from 500 to 2,400 yen. 500 and 1,000 yen discounts are currently the most prevalant. The full prices of each piece of PSP software in digital form has not been announced yet.
It seems to me that it may actually be cheaper, in the long run, to hold onto your old PSP and play games from your UMD library on it rather than re-purchasing the titles at a discount. You won’t make any money from selling your system, if that’s your thing, but you will be able to save money on transactions. Moreover, you can probably find PSP games in physical format at inexpensive prices online and in shops rather than buying them in a traditional PlayStation Store.
Will you be selling your PSP when it comes time to pick up the PS Vita?
The PS Vita will launch in Japan on December 17th. The rest of the world will see Sony‘s next portable on February 22nd, 2012.