They are however working on Uncharted 3: Drake's Deception for PlayStation 3. So what gives?

“We’re a one game studio so it would be very challenging for us,” Naughty Dog's community manager, Arne Meyer, told EGTV.

“I know a long time ago we had looked at trying to do that as well, but it’s really about what makes sense for the universe and for the franchise as well.”

Meyer added: “Sony Bend’s a great studio, we have a great relationship with them, so it’s really exciting to see a new platform and see what they can do with it given all of the new control options they’ve got as well.”

Seeing as Bend are behind some of the best Western developed PSP titles in its life-span, we do wonder what all the kerfuffle. The IP is in excellent hands. Quit worrying.