Yep, you are reading it well, Pantech’s New IM-R520S phone is sold over in Korea through SK Telecom / Sky. Otherwise known as Kubrick II is equipped with a player supporting DviX, H.264, MPEG4 and XviD video files as well as a so-called “DVD” player capable of displaying videos in hi-quality on its nice 3.2” WVGA Touchscreen even provided with subtitles saving you from the need of any post conversion (direct play). On Top of that, add the support of 3G, PIP (Picture In Picture), T-DMB, GPS, BGP (Back Ground Play), 4GB of internal memory, a 3Mpix AF camera module and you may have the best media player phone on the market…