Summary: First, I am travelling, so I haven't listened to this with decent headphones and compared it against anything else. That means that I can't really comment on sound quality, except that it seems fine (the supplied earbuds are just so-so (muddy treble) but I think that's normal with something at this price). However, the player hardware is a little disappointing - it's very light, and the plastic has a matt finish that's practical but not very attractive.
Summary: Despite the written rumors, there does not seem to be equalizer on this audio player. Sound is stuck at "normal", there is no way to change it for classic, jazz, or user settings, unless I am missing something. There is no user manual included, it cannot be found on iriver website either. Another negativum is that the turn down button sometimes turns the volume UP. I do not think the buttons will survive their 1st birthday.