Sony’s PSP and Nintendo’s DS will soon be joined by a 3rd “real” competitor, SEGA’s “Vision”.  Currently, the “Vision” is a draft model that does not play retail games…yet.  It’s more of a portable media player (PMP).  Here are some specs/features and the latest info:

MP3’s, MP4’s, AVI, images, 1.3 megapixel camera function (still images only), eBooks/text, voice recorder, radio, television and 2gb onboard memory.  Will only play flash games.

SEGA Vision is currently NOT on sale.  But estimates have the device at £70 – £90 retail price.

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