JVC Japan has announced the launch in early July of its new UX-GM77, a micro component system which supports a wide wide array of media, including a CD player, MD player and USB connection. So, it appears that the Mini Disc isn't dead yet .

The system also features 2GB of built-in memory, 2x 20W power amplifier, a dock for the JVC's Alneo V series of portable multimedia player and supports the most common formats such as MP3, WMA, WAV and AAC audio files.

JVC plans to release it in black or white color at $470.