Continuous Play

This looks very good. Insure your PSP (or PS2) for £2.49 a month. If it breaks they send you a replacement within two days. It covers mechanical or electrical failure and accidental damage.

Unfortunately T+Cs do state it only covers PAL Europe models, but I don't see anywhere to enter a serial.

I think I might wait until mine starts to show some more signs of wear, but it's handy and reassuring to know it's there.

I wish Microsoft did something similar.