PSP phone may still be far away (or never coming, for that matter), but at least Sony Ericsson plans on bringing some of the PSP's functionality to its "Aino" phone. Though the Aino won't feature UMD support (where have we heard that before?), it will allow for Remote Play functionality, essentially granting the phone remote, limited access to a linked PlayStation 3.
Sony Ericsson's Lisa Canning told the Euro PS blog that the first Aino will be arriving "early October in the UK, with the rest of Europe to follow," though no release Stateside has been announced yet. Aside from the missing UMD playback ability, no indication is given whether or not it will support PSP Minis, but unfortunately no games can be played through the Aino's Remote Play functionality. We're still not sure if a PSP phone is ever going to come out -- we are sure, however, that we stopped holding our breath for one a long, long time ago.