The Cowon (iAudio) X5 (http://www.cowonamerica.com/products/iaudio/x5/) is headlines as the "ultimate portable media player"; in truth, however, it is only a digital audio player (MP3, OGG, WMA, WAV, FLAC) that comes with a 20GB or 30GB harddrive and also supports Mpeg4 images. Other than that it features FM radio listening/recording and supports recording through a built-in microphone or line-in input terminals.

If you are interested in Cowon products, make sure to read Ignatz's first-hand review (http://www.mobileread.com/forums/showthread.php?t=3857) on the Cowon iAudio M3 20 gig DAP.

According to Engadget (http://www.engadget.com/entry/1234000343041255/), the iAudio X5 is due to be released in the US next month.

The remote looks like it is exactly the same as the M3, excepting only the color (and the fact that it is an inexpensive option instead of a requirement). They appear to have simply dropped a screen and a navigation control onto the M3 chassis. From the side you can see the bulge that was required to accomodate these parts. My bet is that it will be a great DAP and I would recommend it to those who are interested in Cowon, but prefer a screen on the base unit. I continue to be nothing but delighted with my M3 and it sees hard daily use.