The new console has both Wi-Fi and 3G built and sports 'LiveArena' PSN chatting system and an all new Flash memory storage for game cards similar to Nintendo's DS.
Games announced include:
Reality Fighters
Deviants
Gravity Daze
WipeOut
Uncharted
Little Big Planet
Killzone
Hustle Kings
Resistance
Call of Duty
Hot Shots Golf
Metal Gear Solid 4
Yakuza 4
Full specs:
CPU Quad-core ARM Cortex-A9
GPU SGX543MP4+
Rear touch pad Capacitive multi-touch
Display 5in OLED, resolution TBC
Sound Built-in stereo speakers, Built-in microphone
Location GPS, Wi-Fi location service support
Wireless Communications 3G, 2.4GHz 802.11n, Bluetooth 2.1+EDR with A2DP
Sensors Six-axis motion sensing system - three-axis gyroscope, three-axis accelerometer - and three-axis electronic compass
Dimensions Approx. 182 x 84 x 19mm