Wow, I would love to have the game system being shown in the article below. I mean, to have a handheld Xbox would be pretty freaking sweet, right? I think that if the games were made available, we would see the PSP take a fast backseat to something like this.

Our Inside Look at the Coolest Gear that No One Is Making
Each month, Mobile creates a dream gadget that should exist, but which infuriatingly does not. This month: A portable version of the Xbox!

Microsoft hasn’t even made a peep about a portable version of its Xbox, so we took it upon ourselves to design one for them. We call it the Xbox Velocity, connoting the speed of its games and the newfound mobility of the user. Don’t look for it on store shelves starting in 2007, when it won’t sell for $249. [Read the rest]