That means, simply, when you buy a blu-ray movie from Sony, you'll have a digital copy on-hand ready to copy across for portable consumption on your PSP.

The first blu-ray releases to feature PSP copies will be Godzilla and The Ugly Truth, both of which are due out November 10th in North America. You need a Playstation 3 to transfer the digital movies across to your PSP, but we'll assume all of you have that base covered.