Korean i-Station released a new high-powered PMP in Korea - the i-Station U43.

The i-Station U43 features include 4.3 inch screen with 480x272px, 30 or 60GB HDD, Windows CE 5.0 OS, DMB TV, GPS navigation, Wi-Fi, web-browser, stereo speakers, SRS/WOW HD, MP4, MP1, DivX and WMV video format support, and OGG, MP3, AC3, and WMA audio support.
Measurements of the i-Station U43 are 136x79x23.5mm and the weight is 325g.

The most impressive aspect of the U43 is the gorgeous user interface.
Korean site PCBee published a review of the i-Station U43 with lots of photos. AkihabaraNews hosts the video from the i-Station U43 review.

Do not expect to see this compact multi-functional PMP anytime soon outside of Korea. For a Windows CE 5.0 powered powerful PMP look at the new Cowon Q5W, which is available in the States.