Samsung surprised a lot of people in the imaging world by rolling out their first ever pico projector, the SP-H03. Its guts consist of 1 gig of internal memory, and open slot for a microSD slot (up to an additional 16 gigs). It can project WVGA video at 30 lumens and has a built-in 1 watt speaker. It’s got a battery life of 2 hours and weighs in at only 6 ounes. It supports open and proprietary codecs and can play these file types: AVI, MP4, ASF, MPG, RM, FLV, WMV video files and MP3, MP2, WAV, WMA, FLAC, APE, RA audio files. 

It’ll cost you around $300, but you might want to check out our projector buying guide first.