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I bought one on ebay for $62 after seeing this post, and received the player yesterday. At first I tried paperclip reset, then reinstalling firmware, with reformat box checked, but niether of those worked, so impatienly I hit the karma a few times to try to get it to work, and that didn't work either. Today I reformated the drive on my computer, and now it works great. So if you're goimg to pick up a "broken" player, and recovery mode (menu + power) still identifies the drive, I would definately try reformating on the computer, BEFORE hitting the karma.