Engadget had a nice article today on the Windows 7 Phone with XBOX LIVE games. If they can get the integration with the XBOX platform perfectly (say resuming the game where you left off on either device, having the same arcade games available on both platforms, etc..) I think I'll get a Windows 7 Phone over the PSP Android phone. =P

Though I hope Flash makes it onto Windows 7 Phone. Being able to plug it into any HDMI equipped monitor or TV for a gaming/movie session would be amazing.