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Sirius Satellite Radio announced its holiday lineup of products today, the star of which is the Sirius S50, the company's first portable player. The iPod-sized device will store as much as 50 hours of Sirius radio programming and can also be used to play your own MP3 and WMA files. Sirius S50 Player

The S50 ($359.99 direct) will gather and refresh content from your three favorite Sirius channels, but you can also opt to save any song or program while you are listening to it. "Any time you are listening to a song, you can record it at the touch of a button," said Todd Goodnight, senior director of product management at Sirius.

XM beat Sirius to the portable market with the release of the Delphi MyFi XM2Go ($299.99 direct), earlier this year. Since then Pioneer has followed-up with Pioneer's Airware XM2Go ($299.99 direct), which can both receive XM radio channels and store as much as 5 hours of radio on its 128MB of internal memory. (Stay tuned for our upcoming review of the Pioneer Airware XM2Go.) Both of these units weigh about 7 ounces.

It wll be interesting to see whether the S50 fares better than its XM predecessors, which have been criticized for poor signal reception.

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