New PlayStation Phone Video Demo Out

Sony Ericsson may be keeping details about its upcoming PlayStation Phone close to its chest, but that has not stopped the rumors and speculations from floating across the blogosphere. After we heard from sources earlier this week that the PlayStation Phone was “nowhere near ready” as yet and more importantly that the phone shall not be compatible with the existing lineup of PSP games comes a new video that gives us more details about the product.

From whatever we could gather that the phone will indeed run PlayStation games. Launch date is anyone’s guess at the moment though the product does appear close to being ready for launch.

Check out the video of the PlayStation phone in action below. Does it make you want one yourself? Tell us your thoughts in the comments below.