At first I thought this was another fake, but it looks like it is the real deal. In order to compete with the iPhone though, games will have to be under $10. I can't see a mass market paying $40 on PSP games. We'll see how this goes, but I don't think it's for me. I don't really look for an in depth gaming experience on my iPhone, though it is mostly because I need buttons. http://www.engadget.com/2010/10/26/the-playstation-phone/
Oops...sorry, I ended bumping your old thread. Probably should be a new thread, but I sometimes like bumping old rumor threads once we get confirmation.
It was weird. At first I saw right below this thread that there was another thread about this, so I assumed that someone else beat me to it, but then I saw that the thread was created by me as well, and I couldn't have accidentally pressed submit twice, as the two have different titles. lol, maybe someone can merge the two threads.