Sega is waiting until school ends to release K-on After School Live HD for PSP. The PlayStation 3 version is slated for release on June 21.
K-on After School Live HD just like Monster Hunter Portable 3rd HD Edition is a remastered PSP game with upgraded graphics and 3D TV support. You can use your PSP save data and the game supports ad-hoc multiplayer so you can play with up to five friends that have the PSP version.
K-on After School Live HD will cost 5,229 yen ($63) and it includes six IC card stickers.