Zunescene is reporting that the upcoming flash-based Zune player will come in a 4GB and an 8GB configuration. Few other details are known except that it will come with the same Wi-Fi (un)functionality and video playback that the current Zune has.
Currently codenamed Draco, the name it will bear when it hits the market is still unknown. As for a street date, Zunescene expect that it will be ready in time for the 2007 holiday season.