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.