Engadget just got a hands-on with the long-rumored Playstation Phone, officially called the Sony Ericsson Xperia Play, and it looks pretty slick.
This slider phone runs Android, has a 4-inch touchscreen and a 1GHz processor. When you slide the bottom part of the phone out, instead of the expected keyboard, you get Playstation controls (you can use the touchscreen for typing and dialing). It all in all looks like a solid device, especially for serious mobile gamers. With the iPhone's touchscreen being what holds it back from being a real-deal mobile gaming console for anything more than casual games, this solves that problem swimmingly.
Look for more details when Sony officially announces this bad boy.