Sony announced that the PSP Vita will ship in North America and Europe on February 22nd, 2012. The Vita will ship in Japan on December 17th 2011. Amazon.com also updated their Vita page with the correct release date. The will cost $249 for the Wi-Fi version and $299 for the 3G one).
The Vita features a 5" touch AMOLED display (960x544), a quad-core ARM Cortex A9 processor and a quad-core PowerVR (SGX543MP4+) GPU (Sony says that it is as powerful as a PS3), Wi-Fi, GPS, Bluetooth and 3G (AT&T, optional). Gaming controls include dual analog sticks, motion controls and a multi-touch pad on the rear side.