Toshiba announced that they will be releasing an updated version of the Gigabeat V portable video player on June 1st in Japan. The new Gigabeat V series will be available in 40GB and 80GB capacities priced around $409 and $491 respectively. Beyond increased capacity, the new series improves on the features of last year's Gigabeat V30 by offering a 4-inch, 24-bit color display with a resolution of 480 x 272. Like its brother the Gigabeat S, the V series also uses the Microsoft PMC interface and supports Windows Media DRM 10 and WMA 9 lossless. The new Gigabeat V series also prominently supports 1Seg digital television (all the rage in Japan) by including dedicated channel buttons on the front of the player.
No word on whether we can expect to see the new Gigabeat V series in the US anytime soon. With the lack of 1Seg broadcasts in the US, you would probably see the digital TV feature stripped out of the design for American consumers.