PlayStation Classic, a $100 mini PS1 with 20 games, coming in December - Polygon
Quote
There will be 20 games in all, but Sony only announced five of them today: Final Fantasy 7, Jumping Flash, R4: Ridge Racer Type 4, Tekken 3 and Wild Arms. "All of the pre-loaded games will be playable in their original format,"
However, the replica buttons on the top of the system do have actual functions: Power does what you'd expect; the open button swaps virtual discs; and the reset button suspends games. There's no word on whether the PlayStation Classic will include visual filters or display settings like the options available on Nintendo's retro consoles.
For that price, customers will get the system and two controllers. The gamepads are full-size replicas of the PS1's original controller, not the DualShock, so they and don't include analog sticks or vibration.