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The PSP GO phone is Real and running on Android

Yes! Its True, The PSP phone Rumored earlier this year actually exists, Based on what we’ve heard about the secrecy of this plan, it makes sense that even Sony’s own employees wouldn’t be privy to information on the phone, the marketplace, and the collaboration with Google. 

We don’t like to boast, but as the guys and girls who brought you the first pictures and review of the Nexus One, the first details and images of the Dell Venue Pro (aka Lightning), the first pictures of the new MacBook Air, the first photos of the iPad, and the first photos of the iPhone 4, we feel pretty confident in our abilities to deliver the goods. Of course, this story is just beginning — so hold on tight. – Engadget

This phone is rumored to be on the latest yet to be released Android 3.0/2.3 A.K.A Gingerbread.  Inside the  PlayStation phone will be a 1GHz Qualcomm CPU, 512 MB of RAM, 1GB ROM and a microSD card slot. The touchscreen size isn’t confirmed just yet but it’s said to be between 3.7″ and 4.1″ (which sounds pretty reasonable for a gaming device). Oh, and you’ll be getting a multitouch pad on the lower half of the slider for a complete gaming experience.