Of course in addition to emulating that massive library of 8-bit goodness, the PMP will also handle MP3, OGG, FLAC, and WAV audio, as well as AVI, MPEG-4 SP, XviD, and DivX video, which you can view on the player's 2.5-inch QVGA screen.
ENGADGET: Odna's VX737 NES-emulating media player