With the claim of being the first pico projector to hit the market with onboard memory, AAXA has launched the P1.

That memory comes in the form of built-in 1GB flash memory with support for MP4, MP3, AVI, JPG and WMV while the projector also boasts a microSD card slot.

You can also hook it straight up to your gadgetry with iPod, PSP and VGA compatibility touted with the additional purchase of connecting cables.

Specs-wise, you're looking at a 640 x 480 resolution image, projected to up to 60-inches.

The projector offers a 12 lumen LED light source and contrast ratio comes in at 1000:1.

There are teeny 0.5 Watt speakers, but a headphone jack, so presumably you could send the sound through something with a little more bite.

Offering manual focus, the glossy black projector weighs in at 180 grams, measures 105 x 58 x 26mm and is on sale now for $239.