It is true a lot of people think that a 32mb card is too small to handle a lot of things, and that is true. But that does not mean that this is not a great card. It has a really fast read and write speed (really faster than UMD load time I think) and that is one of the most important things in a card. These cards are also small and fairly durable. At first you might think they are identical to SD cards...but they are a couple of
millimeters narrower. I guess Sony is going to stick to their policy of "Sony brand memory monopoly" on all their products. I guess they can't use SD cards, since a lot of people have them already, and they didn't buy them from Sony.
But I digress.
If you bought a PSP to play games (which is the best reason to do so) then a 32mb card is enough to handle most of your saves unless you have hundreds of games with hundreds of saves on each one. It is also big enough to handle the download to upgrade the system software to 1.52. (15mb)
So, if you really want to download your entire music library, or photo library, or video library... or all three... or if you fear running out of space for any weird reason, you should not have bought this card anyway, since it is not that big.
But, if you already thought about that, and you are ok with 32mb, then this is a great card.