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Microsoft has released Media Player 7:

What´s New in Windows Media Player 7?
Windows Media Player 7 offers consumers the first fully integrated digital media experience, including playback of CD-quality audio, streaming and downloadable audio and video, jukebox capabilities, Internet radio, and more.

Windows Media Player 7 is designed to be the first digital media player for everyday consumers, breaking new ground in four key areas:
All-in-One Integration
Easy to Use
The Best Audio and Video Experience
More Personality
All-in-One Integration

Windows Media Player 7 is a truly unified player that offers one place to find, organize, and play digital media. It provides one-click access to the most common digital media activities, including audio and video playback, CD playback and recording, Internet radio, and transfer of media files to portable devices and removable media. Innovative integration of the most common digital media activities includes:

Unified Player
Play streaming and downloadable digital audio, video, and Internet content.

CD Playback and Digital Recording
Use jukebox functionality to play or copy an entire CD to your PC in just a few minutes with one click.

Enhanced Media Library
Customize, manage, and store both streaming and downloadable audio, video, and radio in one place.

Media Guide
Easily search, find, download, and play audio and video content on the Web with the integrated WindowsMedia.com audio/video guide.

Internet Radio Tuner
Enjoy fast, immediate access to over 1,500 Internet radio stations from around the world offering consumers the superior sound quality of Microsoft Windows Media Format.

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