PM Studios is releasing another rhythm based game for the PSP. The first DJ Max game [1] for the PSP was rad so I have high hopes for this one as well. According to PM Studios, DJMAX Portable 3 will feature "A 3 track remixing system created specifically for this title." Whatever that means.
Previous DJ Max titles have been an homage to Beatmania with it's similar gameplay style and Lumines creator Tetsuya Mizuguchi with it's gorgeous yet stylized visuals. DJMax Portable 3 will be released this year for PSP as a download through PlayStation Network as well as on good old UMD. Check out the video below for a sense of not knowing what the heck is going on; but it sure does look pretty.
Links:
[1] http://www.awn.com/articles/reviews/press-start-march-2009-i-use-mouse-and-keyboard-fighting-games/page/4,1