The device is a little bit of everything at once -- phone, tablet, and console. Shield runs Android Jelly Bean and has high-fidelity audio, 2GB RAM, 16GB flash storage, and 720p playback.
We got a little hands-on time with the Tegra 4 gadget back at CES and found it to be a little bit busy. That said, it's an interesting concept, and NVIDIA has been refining it since then, so what you get come June might be a bit of an improvement. [Project Shield]