Cowon is going to release their
Audio 5 MP3 player, which will play back MP3, WMA, OGG,
and WAV, and comes in sizes up to 1GB.It looks like they want to play in the "iPod shuffle laeague". Therefore they would better work on the site of their device: 3.02 x 1.38 x 0.71-inches.
However, this is not the badest and not the ugliest player around, in this sense it's sure worth a look.
Oh, I almost forgot this one: >You can switch between 1000 available display-colors! The iPod shuffle is dead! ;)

Link: Official site here