No, Sony and Microsoft didn't finally decide to kiss, make up and release an incredible Xbox 360 / NGP hybrid. What you see above is in fact the iReadyGo RG. Boasting an NGP form factor and a decidedly Xbox 360 color scheme, the open source device supposedly packs a 1GHz processor, a 720p camera, HDMI output and support for a variety of video formats. Our cohorts at Engadget also report that the manufacturer is hiring Android developers, possibly indicating the final device will include Google's mobile OS.
What the iReadyGo RG won't offer: Uncharted on the go.