This is a fantastic little player. I now have 2, one for work and 1 for home. It is compact, has good sound quality and can play CDs (including cdr and cdrw) and cassettes (just in case you have any old ones lying round). It also has a digital tuner so you can listen to the radio.
If you are looking for a good portable system thats easy on the wallet and high quality, look no further.