I too was waiting forever for the PhatNoise...then I had two significant realizations.

1st, the max of 99 playlists. I know 99 seems like a lot, but I plan on having more than 99 CDs on the hard drive.

2nd, they originally said it would retail for $499. I think it's at $749 now, and probably still going up.
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__________________ Scott MKIIa 10GB - 2.0b11 w/Hijack MKIIa 60GB - 2.0 final w/Hijack