Korean portable media player brand M-Bird had a change of heart and actually released a stylish portable media player - the M-Bird XZ-22.

You might remember the ugly mutant mp3 player M-Bird XT-21 from 2004.
The M-Bird XZ-22 comes in 256MB, 512MB, 1GB and 2GB flash memory configurations. It measures 89.0x48.6x14.6mm and weighs 65g.

Features of this PMP include MP4 video playback, MP3, WMA and OGG audio playback, USB 2.0, FM Radio, JPG photo viewer and a 2.2 inch color TFT screen. The M-Bird XZ-22 comes in Silver and Black. Now the question is who will OEM it and bring it to the market in the United States. Axion has brought us the M-Bird XT-21, maybe they are going to offer the XZ-22.
More details on the M-Bird XZ-22 product page (Korean). Via Engadget and Mobile Korea