VG247’s report comes from “multiple sources” which appear to be in game publishing, where a whole bunch of firms have apparently signed NDAs to start work on games for the new platform. The spec sheet reads like this:

• Dual cameras
• No physical media, probably
• It’ll have a touchscreen, but it will have a similar physical button layout, too
• 3G! No, seriously, it might have 3G. Phones are becoming more like gaming handhelds, so gaming handhelds are going to become more like phones, I guess? Makes sense.
• A “super powerful” four-core Cell processor, like a miniature PS3 processor