Sony finally spilled the beans (long after the rest of the Internet did it for them) yesterday on the Xperia Play, a sexy hybrid phone/portable gaming system, at yesterday's Sony Ericsson press event at the Mobile World Congress in Barcelona.

The phone/platform utilizes Google's Android OS—specifically, Android 2.3 ("Gingerbread")—and will be connected to Verizon's network. That's fine and all, but what about the games? No worries there, fellow gamer heads. The Play will be launching in March, bringing with it 50 downloadble titles, a host of playable PSN games, and a few original Sony titles. Sony's Kazuo Hirai also let it be known that the unit might come with a "legendary PS One title." Could we finally be seeing the return of Tomba? Ah, probably not.

Along with these tidbits of info was a rundown of the Xperia Play's specifications. We suggest reading them side-by-side with your bank statements, just so you don't put your credit rating at risk:

• 60 frames per second via the Snapdragon 1Ghz processor
• Adreno 205 graphical processor
• 4-inch multi-touch display (854x480)
• Four-way D-pad
• Left and right shoulder buttons
• Dual analog touch pads to mimic analog sticks
• 5.0 megapixel camera
• Up to 32 GB expandable memory (though only 400MB onboard memory)

[via Game Informer]