Can't install toolchain?

[DiabloTerrorGF]

checking for working mmap... no
checking for working strncmp... yes
updating cache ./config.cache
configure: creating ./config.status
config.status: creating Makefile
config.status: creating testsuite/Makefile
config.status: creating config.h
config.status: executing default commands
mkdir -p -- ./bfd
Configuring in bfd
configure: creating cache ./config.cache
checking build system type... i686-pc-cygwin
checking host system type... i686-pc-cygwin
checking target system type... Invalid configuration `psp': machine `psp' not re
cognized
configure: error: /bin/sh ../../bfd/../config.sub psp failed
make: *** [configure-bfd] Error 1
ERROR BUILDING BINUTILS (binutils-2.16 psp)

I heard after downloading the toolchain I'm supposed to svn update then run the script but the update doesn't work(?):

Administrator@DIABLO ~
$ svn update
Skipped '.'

Code tag kept giving me an error...