8GB model and the minimalistic, flash-based Mini version that was announced last month. Like it's siblings, the LilOne will play MP3s and WMAs (with and without DRM), with a 1.5-inch screen providing access to short videos and photos. Other features include a 20-hour battery life, a €200 pricetag and the kitschy MusicMarker feature that helps you identify songs you hear on the radio. We're assuming it was size restraints that kept this player from getting the handy retractable USB connector of the original One, but that shouldn't prevent it from giving players like iRiver's E10 and Sandisk's Sansa e260 a little gentlemanly competition.
Update: Even though we've seen this around for €200, Venzero is insisting that it'll only cost $200 when it drops in the US. Score!