The Next Generation Portable, NGP, has become PlayStation Vita.
Sony's Kaz Hirai announced the name at the platform holder's E3 press conference.
"What you've come to know as NGP is officially known as PlayStation Vita."
"So, what does Vita mean? Vita means life, and we're confident that PlayStation Vita will be the first product that truly blurs those lines between PlayStation entertainment and your real life."
There's also a social networking feature called Near for comparing trophies and doing other "social connection" bits. We'll get more specifics on them in "the very near future".
There's a feature called Party where you can chat together over PSN whatever game you're in.
There will be a Wi-Fi model and a 3G plus Wi-Fi model. AT&T will be the exclusive US carrier.