Several sources have reported that the official name of the new PSP from Sony, only to the extent known by the codename NGP will be the “Vita. ”
A photograph of a double-page spread in what appears to be a pamphlet or a magazine clearly shows the name of the new hand-held to be the PlayStation Vita, or ‘PS Vita’ for short.
The name appears to be inspired by the Italian word for life, and not the popular crisp-bread. the new hand-held will not have 512 megabytes of RAM as advertised, but will instead ship with a mere 256 megs. Yoshida-san’s Twitter response:
People say, “Do not believe everything you read on the internet.”
Considering that he made that very statement on the internet, it doesn’t really clear things up.