Portable music players are getting smaller and smaller these days, thanks to the shrinking size (both in cost and physically) of all the components involved. Vanzero has made this statement — the incredible shrinking MP3 player — quite explicit with their latest product, the Venzero Mini One.

Like the (full-sized) Vanzero One we heard about a couple of months back, the Mini version sports the MusicMarker music recognition service. Not sure what’s the name of the tune you’re listening to? Not a problem, just tap that button and the Venzero MP3 player will identify the song for you.

The vibrant 1.3-inch OLED display will lead to a bit of squinting when it comes time to watch the “player-specific video” (conversion software is, of course, included in the package), but jamming away to MP3, WAV, and WMA (including the DRM’d stuff) files isn’t a problem.

At less than an ounce, the Vanzero Mini One is quite the lightweight portable music player. Both the 1GB ($119) and 2GB ($169) should start shipping next month, but Vanzero will gladly take your pre-order today.