The Playstation PSP is going to be one hot item, no question about it. While the pricing is still unclear, with any luck the new portable game system ought to be release later on in 2005. My question is, will the hardware be superior to the Nintendo DS?

Sony has finished work on PlayStation Portable hardware and still intends to ship the console this year, Sony COO Ken Kutaragi told a press briefing in Japan yesterday, although the company has yet to announce pricing or release date details and Kutaragi declined to say whether or not the unit would cost more than the Nintendo DS ($149).

Yesterday, reports started drifting around that had the PSP retailing in Japan at 33,000 yen (around 167 UKP / 244 Euro), but Sony has since described any talk about price as “speculation” and refused to confirm or deny pricing plans for any territory.