I bought the PSP the week it came out in Japan (via a very lucky friend), and man was it a brilliant piece of hardware. Sadly it remained just that. Too few good games, too locked down, PSN support waaaaaaaay too late. If SONY would have had downloadable games and a good web browser on the PSP from the start they could have scooped the iPhone by two and a half years.
Alas, I was burned by the schizophrenic nature of SONY's company, where the division making some of the most awesome and high quality hardware in the market is gimped by the content divisions ass nuggetry.
So anyway: quad core cpu, 960 by 544 OLED touch screen, 3G, cameras, tilt/gyro/compass sensor, GPS, WiFi, etc, etc.
I'm drooling already, but I have sat in SONY's golden cage before and let me tell you, it is much more roomy in Apple's cage. Is anybody seriously considering buying this? I'd be hard pressed to buy this even if it were less than a hundred bucks.