Step 1: Free Download FLV to PSP Converter
Step 2: Launch the FLV to PSP Converter, and Click "Add File " button to input FLV video files to be convertered.

Step 4:Under the Profile settings : choose PSP Video MPEG-4.

Step 5: Click "
" button.the process shall be looked like this:

After successful converting FLV to PSP , the converted FLV files shall be stored in the folder you have previously selected .
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Note: Converting FLV format to PSP is just part function of Emicsoft
FLV Converter which is distributed by Emicsoft Studio.