GamePark's GP2X F-200 Emulator has a release date, which is October of this year, and a price, which is going to be $250. So, what is it? In short, it's a touchscreen console emulator, which will allow you to play a lot of old-school games from NES to SNES to Genesis, etc. It's really kind of awesome.
In addition to the touchscreen functionality, there will be an expansion slot that will allow you to increase the memory of the handheld to 32GB. It's also Linux-based, which means that Linux fans finally have something to cheer about in the world of gaming.
Engadget.com: GamePark's GP2X F-200 gets a price, release date