Sony has revealed its next-generation gaming console, code-named the NGP! The device is supposedly touted to revolve around five main key concepts as follows: Revolutionary User Interface, Social Connectivity, Location-based Entertainment, Converging Real and Virtual (augmented) Reality. Furthermore, The Device will be compatible with the Playstation Suite and it will also be backwards-compatible with downloadable PSP games and content from Sony's PlayStation Store. More information coming in a video soon. In the meantime, check out Engadget here for more info: http://www.engadget.com/2011/01/27/the-sony-psp2/. Is this going to be an iPhone or iOS Killer? Leave your comments below, and check out our YouTube channel for video updates!