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Erm, they already have one..

It's called a PS3 and it costs $399 - or 200 quid + the power adapter required to use US devices in the UK, about 50 quid or so.

As long as you plug it into a proper display device, say an HDTV or LCD monitor, then your sorted - one PS3 for 300 quid.

http://www.amazon.com/Sony-PS3-60GB-PlayStation-3-60GB/dp/B0009VXAM0/ref=pd_bbs_sr_1_s9_rk/103-2037183-5611848?ie=UTF8&s=videogames&s9r=8a5801be0d117bc7010d3a74224705dc&itemPosition=1&qid=1190754201&sr=8-1

Oh and none of the features have been removed and it has real PS2 compatibility.. which you'll need while you wait for them to release a single game that has any sort of originality or depth of game play.

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