Mel Karmazin just announced at the SIRIUS conference call that a live wearable portable satellite radio receiver with MP3 capabilities will be on sale this summer. We heard about this new live portable unit a couple months back and its good to hear things are on track. This unit was demo'd to select retail partners at a private CES 2006 and the response was very positive.

Features known so far: 

• LIVE Satellite Radio
• MP3 Capabilities
• "Buy Button" for purchasing songs
• ...and a "few more surprises" :)

One question that comes to mind is to how the "Buy Button" will be implemented. Who will SIRIUS partner with to fulfill the purchases? XM partnered with Napster to get this done - who will SIRIUS partner with?

UPDATE: The reason why the summer is targeted as a release date is to ensure adequate supply for the Holiday Season. The Sirius S50 came particularly a little too late than expected, so they want to ensure a decent supply to meet demand.