Pasen is an Italian manufacturer of PMPs that sometimes revel in re-branding remarkable Chinese products, like the ONDA VX777LE    , now called LAZYBUM. There are no a few changes from the old ONDA VX757 besides the name: 2.8-inch Onda Touch Screen VX747  ; AVI, XviD, DivX, ASF, MP4, FLV, MP3, WMA, WAV support; miniSD; FM tuner. The Pasen site says this is the first mini-PMP in the market. Well all you have to do is click here for other mini-PMPs in the market.

Update: Oops, looks like the addition of a 400 MHZ multimedia processor makes all the file support above native to the Onda Touch Scree VX989  , which means no more file conversion, hence “lazy bum.” Pasen also promises new features… perhaps after a firmware update?
When Chinese PMP maker ONDA VX898    is not imitating an Apple product, it can come up with very solid PMP designs. Take the VX989 mini-PMP. It looks like it’s encased in brushed stainless steel. A thing of simple beauty. The screen is a 2.8-inch QVGA (320 x 240) TFT LCD. Compatible files: MP3, WMA, WAV, APE, FLAC, MPEG-4 (AVI), Xvid (QVGA at 20fps), JPG, LRC and TXT. Includes two headphone jacks, FM tuner and microphone.
You may remember the iPhone style flash MP4 Player, the Onda VX858 and its little brother Onda VX878. Well now the next generation has arrived. With a larger 3.0 inch TFT Touchscreen with a new widescreen 16:9 400×240 resolution.

It will use the same chipset JX4740 that is used in VX989 and Ainol V2000SE. Other features include support for up to 32GB microSD expansion