Iogear's Portable Media Player Enclosure ($290) offers the same features sans drive. Price: $350 (including 120GB drive)
Sure, there are a lot of portable hard drives out there, but not too many portable media servers. That's how Iogear touts its Portable Media Server Player GMD2025U120; the compact device (3.2"x5.25"x0.75") plays back video, audio, and still formats including MPEG-1, MPEG-2, XVID, DIVX, AVI, VOB, MP3, WAV, and JPEG. Features include component and composite video output, composite audio output, a USB 2.0 port, and a variety of media-playback controls on the unit itself along with a remote control.