Wow! That's pretty cool!
I know Apple works very closely with Griffin, so I wonder if the introduction of this product means that new iPods will not feature a built-in FM radio tuner.
I just pre-ordered the iTrip yesterday, and I just pre-ordered this product as soon as I saw it. They say it will ship sometime in mid-summer.
Even though I have tons of songs on my iPod, I like this product because sometimes I want to listen to NPR instead of music. It'll also be nice to listen to the radio on my iPod, hear a song I like, and have the ability to download it at home using Apple's new music service.
*P.S. - If anyone has ordered Griffin's iTrip, Griffin has announced that it will start shipping on Friday, April 25*