http://www.engadget.com/liveblog/liv...west&refresh=0
Codename NGP (no word of PSP2 name so it doubt it will be called PSP2)
Quad Core ARM Cortex-A9 CPU
Quad Core PowerVR SGX543MP4+ GPU
5" 960x544 Resolution OLED
Touchscreen
5" Rear TrackPad
Dual Analog Sticks (Actual Analog sticks like Mini PS3 sticks not like PSP)
3G and WiFi GPS
Front and rear facing Camera
Flash based memory games
3 axis Gyroscope
3 axis accelerometer
3 axis electronic compass
bluetooth
Built-in mic
"LiveArea Network" Very cool
Metal Gear Solid 4 was shown running on the NGP with no changes running at 20FPS looked crazy