Back in March, we brought word of a new and improved PlayStation Portable. But what good are the rumblings of new hardware without some of the details? Today, thanks to several sources close to Sony, we bring you that nitty gritty as the redesigned Playstation Portable nears completion.

Keep in mind this isn't Playstation Portable 2, but rather a redesign of the original, so it will be sporting the same internal hardware. But that's about the only thing that hasn't changed. The new Playstation Portable will have a much slimmer design, thanks mostly to a new LED screen that will deliver an ultra-crisp image but take up far less space. That LED also helps pump up the battery life of this sexy new model, which can last as much as four times longer than the original PSP. While the new PSP still makes use of the UMD drive, it will be a faster version and to help speed up loadtimes and gameplay, the portable will come packed with 8GBs of internal flash memory. Finally, the PSP's much maligned buttons have been revamped and the D-Pad has gotten a major overhaul, giving portable gamers something more like a Playstation 3 D-pad to play with.

The company is still trying to decide whether or not they want to include a built-in camera, as they weigh whether the cost of adding the device will be worth the benefit to gamers. Our money is on no camera because of the competitive price issues. Those of you holding out for a touchscreen are, unfortunately, going to have to wait, though word has it that it will most like make an appearance in Sony's next portable gaming device. While the new PSP will remain black, Sony is still trying to decide whether it will have a glossy or matte finish.

The final price for this new PSP hasn't been set, but Sony is hoping to sell it for under $170 or so. Manufacturing should commence in the upcoming weeks, and the product is going to be officially unveiled at this year's E3. The sale date being tossed around is August, but don't be surprised if it's pushed back to September. What's this reworked PSP called? It doesn't have a name as of yet, but may we suggest "PSP Slim"?

Sony Computer Entertainment of America declined to comment on "rumor or speculation."Brian Ashcraft

According to game site Evil Avatar, the latest issue of PSM says Sony is going to roll out a new PSP in Japan next spring. Here are the details:

• Sony reached a deal with Samsung to purchase 8GB flash memory chips which will be built in according to industry reports.
• Miniature hard disk drives are out.
• It will be streamlined and thinner and lighter
• Sony is still expected to include a camera (still/video) of undertermined resolution as a buit-in feature of the new PSP.

These PSP 2: Electric Boogaloo rumors have been circulating for months now, and confirmation from PSM doesn't necessarily mean confirmation from Sony. Stay tuned and enjoy your current PSPs! Brian Ashcraft

More Here Thanks, M!