Previously known as NGP, the console is now officially named PS Vita. Available in Wi-Fi ($249) or 3G ($299) models, it features ” both front and rear touchpads, a high-res OLED Screen, SIXAXIS motion sensor technology, dual analog sticks, and both front and rear cameras.” Click here for the first picture in gallery. Continue reading for a video preview.

There are more than 80 titles in development, with titles mentioned during the presentation including Street Fighter X Tekken, Wipeout, and ModNation Racers, among others.

[via Technabob]