Nvidia had a busy week at CES 2013, unveiling both its new generation of CPU, Tegra 4 and a brand new gaming console, Project Shield. And now we get the expected hands on experience with the device, that’s shown in action below. We’re dealing with a dual analog controller with a 5 inch display strapped to it basically.

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The product is not as compact as the PlayStation Vita or the Nintendo 3DS, but it compensates that through hardcore hardware. Project Shield features a Nvidia Tegra 4 chip, that should provide 6 times the power of Tegra 3. This console runs Android 4.2 Jelly Bean and supports the latest and best games of the platform. The device was demoed streaming Assassin’s Creed III and Need for SPeed Most Wanted and the player can use the 720p screen incorporated here, or connect the console to a TV via HDMI.

Tegra 4 is an ARM A15 processor with 72 graphic cores, so it beats the hell out of the PS Vita. At the back there seem to be two pairs of shoulder buttons and you can consider this device a sort of Xbox controller with a smartphone attached to it. In the video below we can see a boxing game, maybe Fight Night or something like it, that looks very hot an PS3-like on the TV even. I supposed that at anywhere around $300 or even $400 this product could be a hit.