iRiver has officially released the P20 media player, to be available in 80GB or 120GB storage capacities, along with 4.1-inch 480 x 272 AMOLED screen, an FM tuner, a microphone, a speaker, a DMB tuner, and SD-MMC-CF card slot. It packs a TV output and compatible with MP3, WMA, WAV, OGG, APE, FLAC, JPEG, RAW, BMP, GIF, PNG, MPEG4, XviD, WMV9, DOC, XLS, PPT, PDF, HWP, GUL, HTML / HTM / MHTML, TXT, SWF file formats, so there are plenty of audio, video and image codecs you can stock inside. Prices start at $430 for the 80GB version and climb up to $460 for the 120GB model, but these are probably Korean rates only. In any case, the iriver Spinn looks more appealing to me.
Update: the P20 will make a debut in Japan on February 27th, priced at ¥39,800 ($436) for the 80GB version.