I just find it surprising that so many people here are once again blinded by beefed specs and polygon counts, when that has proven time and again that's not what the general public cares about for a portable gaming unit. The 3G, move to flash cartridge, and track pad are the only truly interesting things of the device.
Also their software strategy is once again fucked. Killzone, Uncharted, LittleBigPlantet... so we're getting key PS3 software but now in portable form? Gee, I could have sworn PSP did that with key PS2 software as well.