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Update: Want some real life pictures? Check out our post here..

We stunned the world with our previous exclusive story about an upcoming touchscreen Walkman, but what we didn’t tell you is that there is another. Sony is set to offer a completely different Walkman than ever before, this time aimed at the budget conscious consumer who wants something to match their active lifestyle. This upcoming W-series Walkman is a phenomenal offering from Sony, with incredible aesthetics, 2GB storage, and a low price point ($50-75). What’s most surprising is the design, which is a very sleek wrap around earphone that has magnetic connectors on each end to keep it bound together when not in use, forming a very distinctive heart shape. There is no seperate unit – what you see is the entire player. The earphones are 13.5mm EX quality, and currently supported codecs include MP3, AAC, WMA (w/ DRM) and PCM.

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The true selling point of this device, aside from the low cost, will be the incredible battery life and minimal charging requirement. Three minutes equals a ninety minute charge, while thirty minutes will enable you to listen to music for the suggested twelve hour continuous playback. Wow! Also, Sony’s included ZAPPIN technology continues to play a series of short music clips from your own music library until you can find your favorite song to match your mood.

We believe this product will be announced soon at CES.