On Tuesday, Sony unveiled its next-generation portable gaming device, the PlayStation Vita, at the Electronic Entertainment Expo (E3) in Los Angeles. Sony President of Consumer Products, Kazuo Hirai, said that the PlayStation Vita will “revolutionize the portable entertainment experience.” As the heavily hyped successor to the PSP, the device looks like it will actually live up to the high standards that Sony has already set for its upcoming product.

The PlayStation Vita will feature a high-resolution, 5-inch multi-touch OLED touchscreen, 6-axis motion sensors, dual analog sticks, rear touch pad, dual front and back mounted cameras, built-in GPS, and will run on a quad-core ARM Cortex A9 Processor. Even more impressive, Sony announced that the Vita will give users the ability to enjoy continuous, uninterrupted gameplay by allowing for cross-platform play with compatible games on the PlayStation 3. According to Sony, there are over 80 titles already in development, and the company showed off the capabilities of the system with some of the top-tiered titles like a Diablo-like RPG game called Ruin.

Last but definitely not least, Sony revealed that the PlayStation Vita will start at the low price of $249 for the Wi-Fi only version and $299 for the 3G model, which AT&T will be the exclusive service provider for – much to the chagrin of the audience who openly booed the announcement. Price-wise, this means that the PlayStation Vita will be in direct competition to the Nintendo 3DS, which can’t really be considered in the same arena of portable gaming once the Vita is released later this year, just in time for the holiday season.

Photo via PlayStation

After 22 grueling days of outage, gamers and users throughout the world can finally reconnect to the PlayStation Network after Sony carried out a phased restoration process. Although PlayStation store access won’t be restored until later, PSN’s reactivation restores online multiplayer and chat functions, friends list and trophy comparison functionality, PlayStation Home, and services like Hulu, Netflix, and MLB.tv. Once logging in, PSN users will be required to update to the latest 3.61 firmware and change their account passwords. Details about changing your password are provided below from the PlayStation Blog:

“If using a PS3, your password can only be changed on your own PS3 (or a PS3 on which your PSN account was activated), as an added layer of security. If you have never downloaded any content using your account on the system, an email will be sent to the registered sign-in ID (email address) associated with your account when you first attempt to sign-in to PSN. This e-mail will contain a link that will enable you to change your password. In this email, click on the link and follow the instructions to change your password. Once you have changed your password you can sign-in to your account using your new password.”

Down for over 3 weeks after hackers breached the network’s security, Sony had to rebuild the entire PlayStation Network with more advanced security technology, encryption, firewalls, and early-warning systems. The outage affected over 77 million users worldwide and, even worse, the security breach may have allowed for the hackers to steal personal credit and debit card information from over 24 million user accounts.

Kazuo Hirai, Sony Corporation’s Executive Deputy President, released a video statement on the PlayStation Blog providing more detailed information on the restoration of the PlayStation Network and the new security features being implemented.

To compensate for the long outage and compromise of account information, Sony is offering 30 days free membership in the PlayStation Plus service, which provides exclusive access to certain games and beta trials. To those users who are already subscribed to the PlayStation Plus service, an additional 30 days will be added for free. Sony Online Entertainment subscribers will also receive a special Welcome Back Program upon return.

At this point though, how many PSN users will even want to return to the network after the massive failure that Sony just dealt with?