PS3 to transfer Blu-ray movies to PSP memory

The ability to downgrade a movie to a portable resolution was first seen on Fox?s Live Free, Die Hard and Warner?s Harry Potter: The Order of the Phoenix on standard-definition DVD. Should this feature truly become commonplace on Blu-ray Disc and DVD movies, then it makes the UMD movie format a rather hard sell. With new UMD movies priced not much cheaper than Blu-ray Disc and DVD, the added utility of having both a home theater and a portable version at one?s disposal could spell the end of the PSP-specific disc format.