Archos today announced its AV300 personal video recorder/player series, which lets you record and play back movies in MPEG-4 video format with MP3 audio. It sports a 3.8-inch color LCD screen and offers the ability to record video content direct from any video source (TV, VCR, etc.). “Packing a powerful combination into a single consumer device, users are capable of recording, playing or storing a mix of up to 80 hours of near-DVD-quality video, 400,000 digital photos, 2,000 hours of MP3 music, 4,000 hours of voice recordings via the built-in microphone, and/or 40 gigabytes of data,” notes the press release.