Our hombres over at Engadget got their hands on a pic of one of the possible designs of the Microsoft Argo/iPod Rival. The display is 4:3 and not 16:9, unfortunately, and there seems to be a big wheel like button on the front along with a "back" and a "play/pause" button.
We wonder if it's going to get slapped some more Xbox branding and loads of buttons as they get closer to the final design. This thing's too clean to be a Microsoft product! *wink* *wink*