I did have the older Creative Zen, but fancied a change. This seems to tick all the boxes for me, so I've just bought one...early Xmas present for me!!! Not sure of the RRP though!
It's got a restrictive touchscreen, but I like the idea that you can use it as a media player (if you buy the additional lead). Useful for me as I have the option to use it whilst on holiday. The built-in speakers are a bonus as well.
There is an argument that you could buy the 32GB version for a small extra, but this suits me fine - especially as I can use my old Micro SD memory cards. There is an argument that the video converting software is slow, but this is dependant on your PC/Laptop. Personally, I use a free Video Conversion software found with a simple Google!