Favi has released a new pico size projector called Favi E1 LED Pico Projector. This projector is very lightweight at 113 grams only, however, it can provide 640×480 pixels resolution with brightness level of 15 lumens. No idea how large the display this Favi E1 LED Pico projector can produce, however, it should be about the same size at Chinavasion LED pico projector that we have reviewed yesterday.
Favi E1 LED pico projector require 4 AA batteries to run properly (no idea how long it can work continuously), and it has VGA, Composite, and one mini-USB output. Pretty complete and you can actually inject an external source such as console of PMP.
Favi E1 LED Pico Projector MSRP is $300. No idea where to get one.