We are already storming with excitement over LBP on the PS3, but now courtesy of CVG, we have another reason to get excited. It says an inside source has revealed that LBP is in development for the PSP at Sony’s Studio Liverpool, probably best known for Wipeout games on the portable platform.

No more details were released at the time, but we can imagine some of the details. Presumably, the PSP version would act like a little sister to the PS3 version with some sort of online capabiility. We will stop there before our heads explode with excitement.