Sounds risky to me, but the decision is up to you.
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Hey, haven't seen you around in a while, Hoobastank.. I'll probably pass on the deal since I found out that the player has no FM tuner with it, and isn't a UMS [USB Mass Storage drive -- it means you can load data without using software.]
Looks like they changed the price. I'm actually looking at the iRiver IFP895 now. It's got a limited thing where you get free radio access for a year.. the radio it uses has 400+ channels, which is awesome. It also works like a USB harddrive, and has a few other neat things.
$160, though, which is a little overpriced for what it is.