Chinese Ainol offers a stylish and compact portable media player with Nintendo NES emulator.
The Ainol V1000 features a 2.5 inch QVGA screen, 400MHz ADI Blackfin processor, 512MB or 1GB of storage and SD card slot. Not sure if the Ainol V1000 is bundling any games, or if you would have to find them yourself. There is no information on the availability or price of the Ainol V1000.
More details on Engadget and on TheMP3Players. Via PVP4U.