Late last night (or right in the middle of the day in Tokyo), Sony announced the next generation PSP. Yes, it has two thumbsticks, you can stop crying now.

What you can’t see immediately: The display is 960 x 544 pixels (thats 16×9 widescreen) with OLED lighting (great for outside or natural light), and capacitive multi-touch screen. Oh, theres also atouch pad BEHIND the screen too. Six-axis tilt sensors like the PS3 controller. Built in Wifi, Built in GPS, and built in 3G support: You’ll be able to download games anywhere. Front and rear facing cameras round out the cool features, though the power of the processor is said to rival current home consoles.

Games will be available on the Playstation store as well as on flash cards (like the DS). UMD is officially dead, but you’ll still be able to buy games in a brick and mortar store if you want.

Speaking of games: Uncharted, Killzone, WipEout, Resistance, Lost Planet, Metal Gear, Yakuza, and Call of Duty were all mentioned as in development. Nothing is official, and we’ll post video as soon as we have it (blurry shaky cams are all over youtube, but no quality video from Sony yet)

Read on for a gallery of photos of the device, and see official specs. Leave us a comment! What do you think? Obviously this blows the previous PSP out of the water, but will it compete with 3DS if the price is right?

CPU ARM® Cortex™-A9 core (4 core)
External Dimensions Approx. 182.0 x 18.6 x 83.5mm (width x height x depth) (tentative, excludes largest projection)
(Touch screen)
5 inches (16:9), 960 x 544, Approx. 16 million colors, OLED
Multi touch screen (capacitive type)
Rear touch pad Multi touch pad (capacitive type)
Cameras Front camera, Rear camera
Sound Built-in stereo speakers
Built-in microphone
Sensors Six-axis motion sensing system (three-axis gyroscope, three-axis accelerometer), Three-axis electronic compass
Location Built-in GPS
Wi-Fi location service support
Keys / Switches PS button
Power button
Directional buttons (Up/Down/Right/Left)

Action buttons (Triangle, Circle, Cross, Square)
Shoulder buttons (Right/Left)
Right stick, Left stick
START button, SELECT button
Volume buttons (+/-)

Wireless communications Mobile network connectivity (3G)
IEEE 802.11b/g/n (n = 1×1) (Wi-Fi) (Infrastructure mode/Ad-hoc mode)

Bluetooth® 2.1+EDR ?A2DP/AVRCP/HSP?

Source: Sony