Just curious as to why you edited it with a cropped version :s makes it look bad.

But to answer your Q.
Try it without a BG

As for the text, since the psp is sort of on a slant, make the text follow that direction rather than the opposite.

& try to find some sort of neon-ish text or effects so it kinda matches the psp

and leave the psp dont cut off half of it like u just did =S