Memory card Issue found in PSP Update 5.0, version 5.01 is on the way
Posted on Oct 22, 08 12:54 PM PDT

Sony has found an issue in the PSP 5.0 update that is related to large capacity Memory Stick Pro Duo cards: "When downloading content from the Store to a PSP with an 8 GB or 16 GB Memory Stick Duo media inserted, you may see a message indicating that the media does not have enough free space, even when sufficient space exists."
Sony has classified this into the "known problems" and is working to fix it. The 5.01 Update should be out soon...
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