Though many were disappointed that Sony did not announce the highly anticipated PlayStation Phone that was first seen a few months back, we are beginning to get new details about the device’s technical specifications. The device was originally was seen on a Hong Kong forum earlier in the week, but the cellphone has now been brought to light on the Chinese website IT168 for examination.

On first blush it looks like your standard Android-powered phone, but it’s what’s under the screen what separates the gaming-focused smartphone apart. It appears as if the device is running on Android 2.3, also known as Gingerbread, one of the latest builds of Google’s mobile OS. What is particularly interesting about the software found on the prototype is the inclusion of an unannounced app for the first time – PlayStation Pocket – presumably the way in which one would go about gaming on Sony’s Xperia handheld.

The sliding mechanism still contains what we’ve seen before – the standard PlayStation buttons and two capacitive joysticks. The device now seems closer to launch now as the anticipated cellphone has Sony branding on it in the latest images.

Under the hood is where this leak gets very interesting, as we are now gaining a better idea of how this phone will operate. It houses a 1 GHz Snapdragon processor alongside Qualcomm’s Adreno 205 GPU. The device’s screen is 4-inches diagonally with 854 x 480 as its resolution. 512 MB of RAM are built on-board, which will allow the rest of the phone remain functioning while gaming.

If you were to compare and contrast the PSP Go and PlayStation Phone, it seems tremendously one-sided, mainly because the PSP Go has a 333 MHz processor, 64 MB of RAM, and a 3.8-inch 480 x 272 display. However, when one takes the fact that the PlayStation Phone has to actually function as a phone in the background the entire time into account, they do not seem quite different.

The much-anticipated handset has not been announced yet, and thus no pricing is available. The name of the device is still up in the air as well, many believing that it will be called the Xperia Play.

What do you think? Is the PlayStation Phone a game-changer in the mobile gaming industry? Are you anxiously waiting for its arrival? Let us know in the comments below.