iRiver announced the NV GPS and PMP in June. Now the world's sexiest gadget (sorry iPhone) is shipping in Korea.

The iRiver NV integrates portable media player functions with DMB TV and GPS navigation. A big scroll knob dominates the device. See hi-res photos here.

Other features include a 1.3MP camera, 7 inch LED TFT screen with 800x480px resolution, FM Tuner, SiRF III GPS, MP3, WMA, OGG audio player, MP1, MP2, MP2.5, WMA7, WMA8, WMA9 video player and 2 SD Card slots. The iRiver NV sells for 498,000 KRW (~$535). This is an ok price for this stylish multi-functional gadget.
Via the iRiver shop (Korean).

There is no information available if iRiver will bring the NV to the United States or Europe.