Neil Young is finally unveiling his high-quality digital music player Pono this week at SXSW. The device, called PonoPlayer, will reportedly cost $399 (about £239) and come with 128GB of memory (the press release says it can store "1,000 to 2,000 high-resolution digital-music albums").

Accompanying the device will be PonoMusic, the desktop-based "media management" system, which allows you to download music to the player and manage it. Reportedly offering "the finest quality, highest-resolution digital music from both major labels and prominent independent labels," Pono online store will also sell "PonoMusic recommended earbud and headphone products."

If you're an audiophile you'll be glad to know that although details are still very limited, Pono will start taking discounted orders on March 15th via Kickstarter.

Head here to visit The 405's SXSW 2014 hub.