Update: The system is coming this holiday season at two price points. The Wi-Fi-only model will retail for $249.99, while the 3G-equipped model will cost $299.99.
Original Story: Sony confirmed the rumors and reports that have been going around recently that the PlayStation Portable's successor will be known as PlayStation Vita.
The 3G-enabled model of Vita will be powered exclusively by AT&T, a revelation that was met with moans and groans from many of those in attendance. Those with AT&T service plans will be entitled to free Wi-Fi access at 24,000 hotspots around the country.
Sony is pushing the system's connected features. "Party" allows you to be in a game room together with other PSN users that you can voice chat with either through an external microphone or a built-in mic, regardless of what game you're currently playing. "Near" allows you to connect and play with other Vita users nearby, recommend content, compare Trophies, and do other social things.
As of this writing, no release date or price has been announced.
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