Lancerlink of Japan has introduced its MPJ-101 mini projector that also doubles as a decent portable media player. It doesn’t come cheap though at $1,000. Some features include: 640 × 480 resolution, 10 lumens brightness, 1GB internal flash memory, SD/SDHC/MMC/MS Pro memory card slot, USB connectivity and Two 0.5W speakers.

Supported file formats include MPEG-4 (AVI/ASF/MP4), H.264 (MP4)?MotionJPEG (AVI), MP3 and JPEG. MP4/ASF/AVI. It comes bundled with the ArcSoft Media Converter, so you can carry around your favorite shows and movies on a memory card and watch them whenever you want.

What I really want to know is, how is the battery life? It would have to be pretty good to even consider this one.

[Crunchgear]