It's about as exciting as its pink cousin, but the Zune will reportedly be coming out in a red version on June 10. (It's also about as timely, coming some seven months after the red iPod made its debut.)
There's no indication of any Bono connection to Microsoft's latest limited edition, and Engadget says its shade appears to be more of a duller watermelon than the iPod's fire-engine hue. Some might find some appropriate symbolism here--but not us, of course.
Either way, we're going way out on a limb and predicting that it'll do better than the classic brown.