Sonys NGP announced the Specification but not the name and release date
Sony announced the new device NGP the successor of PSP, but not the name and release date. PSP2 is not a real name, the code named it as NGP. They announced the NGP device on Jan 26th night on Tokyo, Japan. Here comes the specification for you and the status is not rumored now because Sony announced the specification fully.
Sony is going to deliver its new and powerful gaming device which is rumored and new device with 5-inch OLED touch screen display, Front and rear facing cameras, Wi-Fi and 3G connectivity, Rear Multi-touchpad, Dual analog sticks, Games on flash memory based cards, Playstation network and Playstation based suite is Sonys new Android based Mobile Gaming System. The Battery Life is comparable to the PSPs now(4 to 10 hours according to the usage).
Specifications of new NGP device
CPU: ARM Cortex-A9 core (4 core)
External Dimensions: Approximately 182.0 x 18.6 x 83.5mm (width x height x depth)
Screen (Touch screen): 5-inch (16:9), 960 x 544, approx. 16 million colors, OLED multi-touch screen (capacitive type)
Rear touch pad: Multi-touch pad (capacitive type)
Cameras: Front camera, rear camera
Sound: Built-in stereo speakers, built-in microphone
Sensors: Six-axis motion sensing system (three-axis gyroscope, three-axis accelerometer), three-axis electronic compass
Location: Built-in GPS, Wi-Fi location service support
Keys / Switches: PS button, power button, directional buttons (Up/Down/Right/Left), action buttons (Triangle, Circle, Cross, Square), shoulder buttons (Right/Left), right stick, left stick, start button, select button, volume buttons (+/-)
Wireless communications: Mobile network connectivity (3G), IEEE 802.11b/g/n (n = 1×1) (Wi-Fi) (Infrastructure mode/Ad-hoc mode), Bluetooth 2.1+EDR (A2DP/AVRCP/HSP)
Sony reveal the list of game franchises that will appear on NPG as follows KillZone, Uncharted, WipEout, LittleBigPlanet, Call of duty, Resistance, Little Deviants, Hot Shots Golf, Reality Fighters, Gravity Daze, Smart As, Broken and Hustle Kings.
Finally, Sony did not announce the price, but they assured the release will be by end of this year 2011.