Next Generation PSP is called Playstation Vita

PSVita (Pre-Production Model shown)

Ahead from the E3 2011 world premiere, Sony unveiled the Playstation Vita, the next generation portable gaming system that follows the footsteps of the Playstation Portable.

Check out the video:

Those cool new features really wow us.

With the release date remain unknown for now, the special preview takes place at the E3 2011 this June 7 to 9.

Does it meet our expectations?

Scoop: http://blog.us.playstation.com/2011/06/06/e3-2011-introducing-playstation-vita-starting-at-249/