Two words:, "Holy" and "Crap", come to mind with this news story. Razer, the maker of gaming PC mice and other devices has just announced at CES 2011 an all new concept for a gaming PC device. Its calling it the Switchblade and its a mobile device designed for PC gaming but with a small form factor and 7-inch screen running on an Intel Atom processor.

Razer says that this concept design will replace the traditional mouse and keyboard control scheme with an "ultra-sensitive multi-touch screen, dynamic tactile keyboard, and an intelligent user interface" that, based on a game's content and system requirements, will adjust accordingly.

The product's official web page has more info on the Switchblade, including the fact that it will support the Windows 7 OS, have support for both 3G and WiFi wireless gaming and more. Razer says they have been working on this concept for the past two years in secret. Unfortunately this is just a concept design at this point but Razer states it " ... will be working with selected partners to design and launch products based off the Razer Switchblade concept design." You can check out a video showing the Switchblade in action, including how the keyboard changes with each game, after the jump.

Update: Our sister site Engadget got some hands-on time with the Razer Switchblade prototype and while there are still a lot of unanswered questions about the device (what kind of storage, battery life and of course the price) they seemed impressed, saying, " ... this is what UMPCs and MIDs should've been. Portable devices that are actually powerful enough to get work done, and to engage in games during your downtime." They are guessing that mass production of such a device could happen sometime in 2012.