iRiver recently announced the impressive PMP-120 audio / video player, which looks very exciting and has a long list of features. It plays all the relevant audio formats (including MP3, Ogg Vorbis, and WMA), as well as video formats (including Mpeg, DivX, and XviD). It has a built-in speaker as well as a 3.5" TFT screen, but you can hook it up to a TV as well. Apparently it will initially ship with a 20GB hard drive, but a 40GB version is planned as well. The advertised battery life is pretty impressive, with 16 hours of music or 5 hours of video. Unfortunately, there’s no pricing information just yet. At a reasonably low price (maybe $400 - $500), this could be a real iPod killer. We’ll see… I certainly would not say no to this gadget, at least if it’s as good as it sounds.

There’s some more information in this article.