Android gaming is looking up, especially if you've been keeping up on Google's 10 Billion Apps promotion. But it's still pretty hard to find an Android device with a quality gaming-focused form factor, with the notable exception of the XPERIA Play. If you're comfortable with handing over money to a fly-by-night Chinese company with... "inspired" design choices, you may be able to get your hands on this here PlayStation Portable look-alike, filled to the brim with gaming goodies.
The Yinlips (what?) YDPG18 Android Smart Game Player isn't just a pretty face. The hardware is paired with a collection of classic gaming emulators, probably some of Yongzh's popular implementations. The 5-inch device has some surprisingly strong hardware for a knockoff, in the form of a 1.2Ghz processor, 512 MB of RAM, an 800 x 480 5-inch screen and dual cameras. WiFi-only connectivity puts this one straight into the PMP category, With an equivalent price of just $110, expect this device to start showing up in eBay auctions and seedy Craigslist listings near you. Parents, for the love of Santa, do not get this if your kid asks for a PlayStation Vita.
If you're more interested in official Sony merchandise, it might be best to wait for the PS Vita's release next year, or just pick up an XPERIA Play on the cheap. If you're looking for some high-speed data, you can wait for a possible Verizon LTE version, and all current models should be getting Ice Cream Sandwich at some point. If you do go ahead and hunt one down, caveat emptor.