Will the real Cowon iAudio M5 please step forward?

So, the mythical Cowon iAudio M5
that eventually ended up turning into the iAudio X5 is now itself an actual product. The dealio is, the M5 is a stripped down version of the X5, sans color screen and movie playback functionality. It's doing a grayscale 160 x 128 pixel LCD, FM radio, FLAC/OGG/WMA/MP3/ASF/WAV
playback, voice and line-in recording, and has that same old lovable dongle thingee for transferring via USB 2.0. It's only available in a 20GB version as of now and should roll out within the next couple of weeks for about €260 — 55 Euros cheaper than the price of the X5.