I hope it's smaller, I can't imagine even bigger launch consoles then the ps3 fat and the original 360 with the huge power brick.
Handhelds have been around longer then actual consoles, they're never going to replace them. It is simply a different experience, holding a screen in your hand or playing on a big screen with proper sound.
Dedicated gaming handheld market will probably shrink, handheld games will grow as will console sales.







