Little iriver has long been one of our favorite companies when it comes to innovative product design. Unfortunately, the Korean outfit responsible for about half of all digital audio players sold in its home country has all but disappeared from the international stage. Today it returns with the jointly developed LG-LB4400 musicphone. As the name indicates, LG is the muscle behind the cellphone internals (and apparently the industrial design) whereas iriver contributed the media player and UI elements. Specwise, we're looking at a 2.8-inch WQVGA LCD display, 3 megapixel camera, DMB TV, Dolby Surround Mobile, and support for a wide range of audio codecs including FLAC and APE. No word on price or availability but we've got a slow-loading video for you after the break.