File this under the "unsurprising" category. After years of silence, it looks like the PSP version of Devil May Cry has been canned, indicated by the latest issue of Japanese mag Famitsu finally removing the title from its release list and noting the title's demise. IGN notes that Famitsu has been wrong about these kinds of things in the past, but we're inclined to believe it this time.
The news is disappointing, especially considering the incredible popularity of PSP in Japan. A Devil May Cry game for the handheld would've made quite a bit of cash, we think.