- on size of the thing:

Based on the development hardware with game-makers now - which may or may not change on the final retail design - we can confirm that the box measures up at 140x140x35mm. By comparison, the Wii measures 215x157x44mm, almost 2.2x the overall volume. A fair bit smaller then, but significantly larger than the box we saw on the first-gen Morpheus prototype. A small power supply is also included in the development kit - that's a 12v unit rated for three amps. This is not insignificant.

- on how PlaySation VR is trying to evade you ending up puking your guts out:

Additionally, in the jump to 120Hz, Sony has also implemented asynchronous time-warp, allowing 60fps games to be frame-rate upscaled to the native refresh of the HMD panel. The process also subtly warps the image based on the very latest motion data from the headset. Async time-warp can actually applied to all frames (even on native 120Hz code) and helps reduce potential nausea issues by ensuring that visual response to HMD movement is as fast as it can be. With that in mind, we have to wonder whether this is actually applied by the external processor box - going down this route could reduce latency significantly as opposed to implementing it during rendering.

- Eurogamer confirms that the external processor looks like the one shown in this previous picture:

#PlayStationVR cable features power, volume, mic controls, first images revealed: https://t.co/bMT3PCykef pic.twitter.com/7wzvQxAlzB

— Good Morning Web3 🌅 (@gmw3_) December 5, 2015

http://www.eurogamer.net/articles/digitalfoundry-2015-playstation-vr-external-processor-revealed

Aaaaaaaaw, looks like a cute little PS4. Though this time they used a protractor.

Haha this will be my ps4's mini me!!

would be cool if it had the perfect measurements to fit under or over the ps4

great i hope it will more powerful than it seems so PS4 is now an = Arms/x86 machine

What are the specifications

Not sure, but the little box will apparently split the signal, reduce latency and process 3D audio.  It features two HDMI inbuts with one going into the TV and the other coming from the PS4. It also features a micro usb slot which probably connects to the PS4.  There are two connectors on the front that connect to the Headset.  And it has a small fan on the back.   Non VR output from the PS4 probablly passes through the box to the TV without any splitting.   Its a very interesting solution.  The box frees up audio and video slitting time from the system and passes it on to the box.  And the box also assits with async time warp so people wont get sick.   This way the PS4 doesn't have to waitst too many resources calculating the exact position of the headset. 

140x140x35mm :p

Only the power supply is known, max 36 watt. It will use a lot less than the max.
It does seem to have a fan so something can get warm in there.

Ok thanks to you both 

So i have to wait to know what are its hardware 

Its a pain to wait this long

What's better than secret sauce? Just adding another bottle of sauce! This does make me more excited vor PS VR.