We've seen it with our own eyes not too long ago, and told about it a couple of months ago already - but now it seems as if South-Korean i-Bead is preparing the square-shaped i-Bead 700 for launch indeed. We don't know if they've got plans to release it in America, but as we've seen with the MobiBlu DAH-1500i... it would probably be quite a nice idea to do exactly that. The 700 is darn stylish, despite the rather smallish screen and all. Granted - it's not exactly as small as MobiBlu's cube, but quite a few people won't mind. This looks like the type of device that makes us daydream... sitting behind a stylish piano... acting like you're a master of virtuosity, switching on the i-Bead 700... the crowd goes "aaaah". Snap out of it, Rob. Ok, here's the list of specs:

• 45 x 45 x 16.5mm
• Weighs 38g
• Capacities: 512MB/1GB(2GB in the works)
• 262K color 1.2inch TFT LCD, 160x128 pixels
• Supports MP3, AVI, WMA, ASF, OGG, JPEG, TXT
• Battery life: 3 hours for video playback, 20 hours for audio playback
• USB2.0 compatible
• FM radio
• Voice recorder
• Clock, stop watch

Not sure what it's gonna cost... probably ends up being quite expensive. But then again, as mentioned before - it didn't feel as classy as it looks (plastic-like bumpers as seen on the corners... not like it fell apart when touching it, of course), so it doesn't have to be that bad in terms of affordability.

LINK