A PlayStation Phone?

I am following a series of stories on engadget.com regarding an upcoming PlayStation Phone.  According to the site, it will be an Android based gadget with 8GB internal memory which can be upgraded through MicroSD.  Information about the device is still limited and incomplete but the Engadget people are certain that the data and pictures they have on hand are real.  Anyway,  if you want to follow this story too,  here's a good place to start.