They call it the Zii EGG handheld, the first device running on the Plaszma open source platform (built on top of Linux) and utilizing the ZMS-05 chip. Apart from the amazing Zii stuff, it also comes with an accelerometer, WiFi, GPS, BlueTooth, 32GB internal storage, and an SD expansion slot. This being Creative, it also comes with Creative's X-Fi audio processing chip. Pretty darn impressive.
The Zii EGG can run two operating systems: the Plazma operating system (Linux-based), and Google's Android. Plazma takes much more advantage of the device than Android does, but Android has the better mindshare and applications, of course.
The Zii EGG will be offered to developers and OEMs only for now (but you can order a developer package for USD 399), as a means to get them acquainted with the hardware. Android is not yet working optimally on the Zii EGG, so for now, the Plazma OS will ship with the device, but buyers will get Android later on, with the ability to load either OS on the device.