You heard right. If there's a reason to download the latest version of yoyomacy's side-scrolling Lua shooter, it's because it's now got sound effects, courtesy of the efforts of superbatxs. Also, because the code has been cleaned up a bit, bugs were fixed (although it seems that online feature from the last version is still not working as planned), and some other new stuff which are detailed in the change log below. But again, the big change is that, Houston, we now have sound.
So now you don't only get to ride to the danger zone, you can hear it, too. Here's yoyomacy's changelog: read more »
SCEA San Diego has just released a PSP demo of NBA '08 offering a blimpse of the fullversion. Although its a demo and not the fully fledged game, this will give you a chance to try the game before you buy the game which to me is always a plus when you are dealing with games on any console. 
I've played OpenTyrain which is a topdown scrolling SiFi shooter and I have to say, this game is addictingly good! Its got great gameplay, easy controls and its just pure fun! You control a spacecraft, weild awesome upgradeable weapons and shoot anything that moves! This game doesn't stop there.
While Homebrew developer Yan2Yan's Elemental is alot like Tetris where you have to line up four or more blocks of the same color and clear them from your path as more blocks are constantly being added for a sense of doom and gloom if you run out of space. Yan2Yan also was kind enough to allow Elemental players to customize the game's background by placing an image into a specific folder (data/gfx/skins) and then placing the values on a config.txt file, easy enough.
PSP Homebrew developer Netaro has come out with Invaders version 1.1 introducing some great bug fixes.
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