I have owned this walkman model since Jan08 and think it is fantastic. I find it hard to believe that ipod out-sell sony to such an extent when sony are delivering such good walkmans. To begin with, the sony walkmans have a far superior sound capability. With such features as DSEE sound enhancement, "clear stereo," VTP surround and the dynamic normaliser available to enhance the all round quality of the tracks you listen to, ipod cannot compare. Also, the screen on the walkman has a crystal clear resolution. I would go as far to say that combined with the sound quality, I could become absorbed in a movie whilst watching it on the walkman - provided there were no glaring distractions! Therefore, it really does become a great travel companion. Finally, the earphones have been designed to perfection, with the only downfall being the lack of wireless capabilities - however I am sure sony will blaze the trail soon enough!
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Advantages: Great sound quality and video playback with adequete compatibility. Disadvantages: Timevault shuffle mode is unnescecary as is picture playback.