http://www.engadget.com/2010/10/26/the-playstation-phone/

Touchpad nubs???

Dang it, you beat me to it. I hope this is fake because I want better "nubs."

kind of looks cool. And this plays real psp games or just ipod touch like games?

It's supposed to play real psp games, supposedly it will run android with a PSN marketplace. Bad news to anyone who didn't want download only.

Touchpad nubs... With no keypad! Keypad IS ON THE BACK WITH A TOUCHPAD THINGY!!!!

This could actually be the PSP2. Wow.

I actually doubt it. As where that stupid "S" thing is in the middle of it, it should be the classic PlayStation symbol!!

The S seems like a placeholder, developers did mention a touchpad strip which would make sense. The dots on each strip will probably be used to stay on balance with the 2 axises.

Me likey!!!!!

What's that under the 's'?

Info from the link

"It's hard to believe that what we're looking at is real -- but we assure you, the picture above is in fact the PlayStation Phone you've long been waiting for. As we reported back in August, the device you see is headed into the market soon, likely boasting Android 3.0 (aka Gingerbread), along with a custom Sony Marketplace which will allow you to purchase and download games designed for the new platform. The device snapped up top (and in our gallery below) is sporting a 1GHz Qualcomm MSM8655 (a chip similar to the one found in the G2, but 200MHz faster), 512MB of RAM, 1GB of ROM, and the screen is in the range of 3.7 to 4.1 inches. Looking almost identical to the mockup we hit you with this summer, the handset does indeed have a long touchpad in the center which is apparently multitouch, and you can see in the photos that it's still bearing those familiar PlayStation shoulder buttons. For Sony buffs, you'll be interested to know that there's no Memory Stick slot here, but there is support for microSD cards.

The particular model in these shots is still in prototyping mode. As such, the unit doesn't have a custom skin (not even SE's Timescape design seen on the Xperia devices), and is said to be rather buggy. We're digging into more facts as we speak, but it's likely that much of what we reported earlier is still accurate, and though the device could still be headed for a 2010 release, 2011 is looking much more realistic. Still, there's a lot of time between now and the holidays... so keep your fingers crossed!"

They didn't mention it has a camera with flash, you can see it in some shots of it.

when can i buy one? :)