Hmm...are you sure it can't run a psp emulator? An emulator does not need much. I own the PSP and when overclocked through the XMB, the PSP runs @ 333mhz. Your processor is more than enough for emulating a psp game. (Hopefully your obtaining your games legally, I heard emulators are deemed illegal by Nintendo. Not sure about Sony but either way downloading the games for free is not the right thing to do).
Nah, I can't even run the dolphin and I got my wii games with my wii mote.
My tower is ass. Nah I don't download games for free.
I was referring to overclocking the PSP which previously was locked at 266mhz but one of the firmware updates bumped it up. Some days I feel my psp warm when playing for a long time. If you really want to construct a new build then post it in the systems section, some really good people there who will help you out. Of course I will keep an eye on that thread if you don't get any replies.