The question in advance of Sony's first press conference at CES (there will be more than one) is whether it would choose to talk about its financial condition first. The answer is apparently "no," as it premiered its secret Vaio PC.

But in typical Sony fashion, its late afternoon press conference got off the ground about a half-hour late, amid a sea of reporters. Many of them had been given advance word of the Vaio P series, which Sony is describing as "a new line of high-performance, ultra-portable notebooks that fuses Sony's eye-catching design and mobility."

It should be thin enough, weighing in a 1.4 pounds, sporting Windows Vista along with a built-in GPS, and selling for about $900. We do not know availability yet, though at 4:32 PST this afternoon, Sony executives were only just getting around to specifications. Our team is on the ground at the Sony conference and their commentary from the event is now live.