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Apple introduced their new $79 1GB iPod Shuffle. It’s tiny and hold 240 songs (128 Kbps AAC). Very cool, built on a clip, and comes with a little USB dock and earphones.

While it’s really not large enough for a load of features, it plays tracks randomly or in the order they were synced in iTunes.

Macintosh system requirements are a Mac with USB, OS X v10.3.9 or better, and iTunes 7 or later. Windows requirements are a PC with USB, Windows 2000 + SP4 or Windows XP + SP2 or later, and iTunes 7 or later.

Seen here, here, and here.

As an alternative, the mobiBLU 2GB model sports an OLED display, USB support, an FM radio and voice recorder. By way of comparison, the new Shuffle is 1.07″ x 1.62″ x .41″ and .55 oz, while the mobiBLU is a .94″ cube at .64 oz. See our article on it as well.