Microsoft said today it is launching a specially branded, limited edition Zune “produced in collaboration with Latin Grammy-nominated artists Wisin y Yandel.” This particular Zune will price around $200 and is for sale exclusively through Wal-Mart.

The Wisin y Yandel Zune is black, stylized and comes in in customized Wisin y Yandel packaging. It sports a 30 GB hard drive pre-loaded with the new Wisin y Yandel 19-track album, “Wisin vs. Yandel: Los Extraterrestres.” This portable media player has a three-inch color display and can store up to 7,500 songs, 25,000 pictures or 100 hours of video.

Microsoft and Wisin y Yandel are planning tie-ins to this product launch, including an exclusive single and videos loaded on the Zune, content available through the Zune Marketplace and an artist of the month feature with MSN Latino. The Zune should be available on Oct. 29.

Microsoft Wisin y Yandel Zune