PSP Vita revealed, priced at $249
At the Sony E3 2011 today, Sony Japan finally revealed their NGP and officially calls it the PSP Vita. Expected to be released this December, the PlayStation Vita will come in WiFi and 3G+WiFi models.

Sony Vita
ARM Cortex A9 (quad-core)
Quad-Core PowerVR SGX543MP+ GPU
Front & Rear Camera
Built-in GPS
WiFi 802.11 b/g/n
Bluetooth 2.1 with EDR
3G/HSDPA
It comes with a 5-inch OLED multi-touch display and another one touchpad at the back side. Multiple sensors are also built into the device, including three motion sensors, a gyroscope, accelerometer and electronic compass.
Two models will be available once it comes out later this year (4th quarter of 2011):
PSP Vita WiFi model: $249 (around Php11,00)
PSP Vita 3G+WiFi model: $299 (around Php13,00)