Sony shows transfer of Blu-ray movies to a PSP

Sony has revealed one damn good reason to like Blu-ray Profile 2.0 - at least if you own a PSP. Studios releasing movies on Blu-ray will have the option of including a version of the film optimized for portable devices like the PSP. Sony demonstrated using the Portable Copy feature of a PlayStation 3 to copy a Blu-ray to a PSP memory stick.
Gizmodo tells us the movies will be around 1GB, and will take approximately 3-5 minutes to transfer to a PSP over USB - and apparently the process could be made available for all existing Blu-ray titles.
Does anyone else feel like their investments in PSP/PS3 hardware just keep paying off?
via Three Speech
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