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Yep, looks like you are correct. Downloaded content is cached on your C:\ drive before it's transferred. Hadn't noticed this before. Other points are great suggestions, too; Licensing your PC to your PSN account, downloading directly to your PC (and a setting to pick the directory where you...

Downloads from the PlayStation Store are controlled by the 'PlayStation Network Downloader', not by Media Go (you'll see that this tool along with the PlayStation Store have their own entries in Add/Remove Programs). The PSN Downloader will only transfer items directly from the PS Store to the...