GadgetMadness: We find the coolest gadgets first

A company in Japan has developed one of the easiest ways to transfer videos onto your PSP. Instead of the time consuming process of reformatting and transfering movie files on your computer to your PSP you can now just simply plug this box into your tv and it will format and record it directly to the memory card. This is a great device to get your DVD's onto the PSP as well as your favorite tv shows. There are also 4 different recording settings available. Of course things like this never come cheap. It'll cost you $129.00. Fortunately Liksang is shipping it internationally and has it on pre-order:

Pre-Order on Liksang