Sony Launching PS Vita-Powered Game Console
For those who can't afford a PlayStation 4, here's the next best thing.
The PS Vita is a great way to play on the road, but what if you feel like sitting at home? Say hello to PS Vita TV.

This sleek console measures 6 cm by 10 cm, the smallest piece of hardware Sony has offered on the gaming front. It works with most downloadable and physical Vita games - save for those that utilize the touch-screen and rear touch-pad - as well as the entire library of PlayStation Portable and PS One games. PlayStation Mobile games are likely to play a part as well, though those haven't been confirmed yet.
In addition, PS Vita TV will utilize streaming services, including Hulu, as well as Remote Play through the PlayStation 4, so that you can play Vita games through the comfort of your new console. This functionality will be available in a later update, though not right out of the box.
The only downside is that the Vita TV doesn't come with a DualShock 3 controller for now, with the system selling by itself for $95. However, a bundle with a controller will be introduced for $150 down the road.
The system will launch in Japan on November 14th. There's no word on a U.S. or European release, though we'll likely see it early next year.