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It's been available in South Korea since August 23rd, but they seem to have some problems (or just too much demand for it), at least with the Wifi version. The first batch was pretty much sold out as soon as you could order it, the second batch was supposed to be shipped out today, but I just checked the iRiver store and it seems to have disappeared altogether. As far as I know it's also already available in China.
Btw, iRiver will show the Cover Story at next weeks IFA in Berlin. So I guess it's pretty safe to say it'll find its way over to Germany and the UK like the first Story.
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