Homebrew coders Sleepper, M@x and the rest of the PSPKVM dev team has released a new update for PSPKVM, a port of SUN's phoneME Feature to enable MIDP/JavaME applications to run on the PSP. The latest update has added new features and more bug fixes for the excellent homebrew app.

Download: PSPKVM v0.5.3 (oe-allinone)
Download: PSPKVM v0.5.3 (150-allinone)

Sony is reportedly planning to develop a new cellphone-videogame hybrid device to better compete with the iPhone, according to the Nikkei news agency in Japan.

Remember the Sony Ericsson Aino? The phone that could sync up with the PS3 and let users manage their PS3-stored media? Yeah, another Sony Ericsson phone just did it one better by being able to play PlayStation games.

It's been denied by Sony time and time again, but news that Sony Ericsson has dropped its Walkman and Cybershot lines has once again ignited talk of a possible PSP phone. Comments made earlier this month by Sony Ericsson's president have also added more fuel to the fire.

Love LocoRoco 2? Well if you can't get enough of the happy little blobs, you might wanna check this offer out and win yourself some cool LocoRoco 2 goodies, including a PSP 3000 to play the game with. Not bad. Prizes and mechanics in the full article.

Rumors have been going around for a long time about a Sony Ericsson gaming phone. The truth behind those is that Sony Ericsson went to the higher ups of the Sony chain of command and pitched a PSP Phone to the board late last year, to capitalize on gaming success as well as the success of the Cybert-shot and Walkman handsets. Unfortunately, Sony turned them down. Find out why.

Looks like somebody couldn't wait for Sony Ericsson to release their official PSP Phone. Chinese modders have managed to make a PSP Phone, crossbreeding a PSP and a Haier phone. More in the full article.

Want to see another patent detailing a PSP Phone? Well, we have one for you today that has just been recently unearthed. It was dated year 2006 but it's amazing how the patent talks of a touchscreen display with vibration functions. Know more after the jump!

Should the PSP Phone becomes a reality, it is really exciting to see it go head to head with Nokia's N-Gage platform. One top official from the Finland-based company was recently asked about his thoughts on the possible rivalry.

The official, who heads the N-Gage division, says that they are not afraid of an impending PSP Phone. More on this after the jump!

Do you find yourself envying the songs found in your friend's iPod? Well, you might want to try out the latest platform launched by doubleTwist. It allows users to free their media and share it with other peoples' favorite devices. Find out more in the full article.