A state of ecstatic bliss which PSP owners often feel after momentous occaisions such as: initial ownership, playing one's favorite game for the first time, modding one's PSP successfully, or emulating one's favorite game system. The feeling is especially intense after performing a potentially dangerous write to the firmware. The stress build up and release is akin to the feeling of a roller coaster ride.
I had a PSPrgasm the first time I played Bushido Blade (a PSOne game) on my PSP.
by dark420bishop January 12, 2007