I'm a fan of Best Buy's replacement plans for stuff like TVs, as I've saved about $600 thanks to it and the service is always really simple and fast. I haven't heard of PSPs having a high failure/lemon rate though, so I don't know how much good it'll do you. I'd guess that if you end up with something like a dead pixel, they'd exchange it without the plan.
[quote name='Vader582']if you'd like the option to upgrade later on it might be worth it to you.[/quote]
What's this upgrade deal you're talking about?