Mustek is known for making "affordable" electronics and they've now announced another portable media player and recorder. The PVR-H160 Portable Media Player and Recorder has a 3.6 inch TFT color screen, 60GB hard drive, supports MPEG-2, WMV, MPEG-4, DivX, Xvid, MP3, WMA, and M-JPEG. You can directly record television programs and movies to the device with the included software converter without having to use a PC.
It should be available this month and will retail for $499.
Found via| I4U News