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If you could swap it would be a great deal for you that no retail outlet knowing the value of the items would make. The PSP has a lower cost than the PS3 when purchased new. A PS3 160 GB model has a USA retail Cost of $299.99 and a PSP Go system is only $249.99 and other PSP model have Bundles that included games and 2 GB Media card for $199.99 see related links

Amazon.com does show that the PS3 trade in value of a 40 GB model is very close to the PSP trade in value

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