In an attempt to win over the minds and money of generation Y consumers, Sony released its latest gadget, Mylo. The Mylo is a Web browser, messaging program, wireless phone and digital music player all rolled into a single handheld gizmo.

The Mylo works on any Wi-Fi wireless Internet connection allowing you to surf the web wherever you can find an 802.11b hotspot.

The Mylo weighs in at just over 5 ounces and has a bright 2×1.5 inch backlit screen running at 320×240 resolution. Some of the other key features of the Mylo include:

• 1GB of internal storage for music, photos and MPEG-4 video files. The Mylo also includes a slot to add a Memory Stick.
• Surf the web using Mylo’s Opera Web browser.
• Contact friends using Yahoo Messenger, Google Talk or Skype.
• Read your Yahoo, Google, and Microsoft email.
• The photo browser can interpret JPEG, PNG and BMP files. The Mylo does not have a built-in camera.
• The music player can play MP3, ATRAC as well as Windows Media Audio files.
• The Mylo has a basic text editor that can be used to take basic notes or make lists.
• The lithium-ion battery provides 3.5 hours of Internet call time and about 8 hours of video and up to 45 hours of music playback.
• The Mylo contains built-in Skype software. Sign up for a free account and you can call other Skype members. An extra fee will get you a SkypeIn number which allows anyone can call you using a traditional phone number.
• You can connect wirelessly with other Mylo owners to trade messages or stream MP3s.

Mylo, which is short for “my life online”, retails at $350.
Sony Mylo [Sony]