Famed mobile device emulator maker ZodTTD has announced his next project: A PlayStation emulator for Android. After a 1,800+ person petition was signed to get him to port his iPhone project, he accepted He's working with the author of NESoid and GameBoid on this new project, so there's lots of talent going into this new one.
What you see above is not the final control layout, but controls can use the touchscreen, hard buttons ande ven the track ball. Fullscreen is supported, but it won't be running at a high frame rate.
As for what phone is required, you'll need Android 2.x, and they're saying that you'll need at least a Cortex A8 or Snapdragon (any EVO 4G peeps out there?) to rock this. ZodTTD says the emu is already running faster on the Nexus One that it is on the iPhone, and they're still tweaking as we speak.
There's no release date yet, but DigitalDisbeliever has some images from an early sneak peek to hold you over.