You're looking at the latest in handhelds by Sony. Dubbed the "PSP Go"

The PSP Go will do away with Sony's UMD system and instead use an internal 16 GB Flash Hardrive. Making games & software all downloadable off of the Playstation Network (PSN).

While the newest incarnation of the PSP is said to not act as a replacement for the PSP-3000, it does offer many features that the 3000 does not have, such as the large internal Flash Drive as well as Bluetooth capabilities, and is smaller and more compact then its predessor.

While the PSP Go has much to offer it will also have much to over come. As this to many fans dismay the PSP Go is still only sporting a single Analog stick. Sony has not given any word as to how they will handle customers who have fatefully purchased UMD Games for there current PSP's to play and how they will be able to play them on the current UMD-less system.

Sony has set release for the system sometime by Fall 2009 most likely to try and hit the market for Christmas.

For more information on the PSP Go vist Sony's Offical Website