Psp Go's don't take umd discs like other psp's take, (psp 1000, 2000, or 3000). Psp Go's only take digital games, which you can download on the PlayStation Store via internet
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If you mean PSP games on UMD, no, the PSP Go does not have a slot for UMD.
no it doesn't you have to download the game into your psp.
Yes, all PSPs use Max Duo memory cards.
Of course, the main thing a PSP 3000 can do is to play games. Other than that, you can also use the PSP to watch movies, videos and listen to music. Also you can connect to wifi and surf the net with your PSP. Also lets not forget about the built in microphone and the fact that you can hook a psp camera to the psp. Also the psp can hook directly to your tv and you can play games on the tv. you can also use the psp as a controller for the ps3. If you deside to upgrade the psp 3000 youll be able to download games on the memory stick insted of having to use the umd CD to play games and watch videos. You can also put any picture on it and use the slideshow option so you can use it like one of those multi picture frames that cost so much or put the picture on your background for a screensaver. The list goes on and on!!
You need the latest version to be able to access the PSN, so just update to the latest, it won't affect your ability to use UMD games.