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If 1GB is your chosen benchmark for flash storage capacity, the good news is that you have a lot of choices. According to the Discovery Channel store, one of the best choices in terms of cost and quality is the Creative Labs Zen Nano Plus 1GB model.
This device sells for around $70, and features in-line recording for the preservation of your old vinyl records, a voice recorder and an integrated FM tuner. It comes with a sports armband and carrying case with a belt clip.
Another great choice is the Sony Walkman line of 1GB MP3 players, which offer a quick three minute charge cycle for the internal battery and up to 28 hours playback time. These players run about $70, and are very compact.
Yet another well-rated choice is the Cowon iAudio U2 player with an FM tuner, recording capability, and 15 hours of battery life. At $150, it is a bit pricey - but it comes with high end headphones, true bass sound and a high end stereo equalizer.