Seems like since Ubisoft’s Rob Cooper took a now-recanted swing at the PSP, another high-ranking executive feels that it’s his turn. Microsoft’s Robbie Bach has now called the device a "cautionary tale," and seems to believe Sony got it all wrong:

"The PSP is a reasonably successful product at the profit-and-loss level. But as a product concept, there are cautionary tales to learn from it. While it is good at producing audio, it’s not a good music player because it doesn’t have local storage... You can’t keep your music there. It has a beautiful screen, but you can only get the video under the Universal Media Disc format. That format hasn’t been successful. On a game level, it has done well. But even there, it is mostly Playstation 2 ports. There isn’t much original content."

The first two points are valid, as both the audio and video goodness of the PSP is hamstrung by storage issues and using a now largely dead format. I’m not so sure about Bach’s last point though, as I’ve seen plenty of good games on the handheld that aren’t ports. Crisis Core: Final Fantasy VII and Patapon jump to mind immediately, as do spin-offs of Playstation franchises like God of War (Chains of Olympus) and Jak and Daxter (Daxter). Of course, you’re not a real corporate executive unless you occasionally take swipes at the competition, so this seems to be pretty standard executive saber rattling.