Sony just announced the Playstation Vita 20 minutes ago at E3 with a Christmas 2011 launch date, a price, and a bunch of launch titles.
The Playstation Vita features an OLED touchscreen, a six-axis motion sensor (similar to that in the PS3 controllers), dual analog thumb-sticks, front & rear cameras, and a rear touchpad. The launch price is set at only $/€ 249 for the WiFi version and $/€ 299 for the 3G version (24,980¥ & 29,980¥).
PSVita has a great selection of launch titles so far, which includes Street Fighter X Tekken, LittleBigPlanet, Uncharted: Golden Abyss, ModNation Racers, and a new hack-and-slash RPG, Ruin.
This handheld gaming platform seems to have everything users wanted on the PSP & with a launch price only $100 more than their current portable, the PSVita looks very tempting.