More new gear from this morning's LG press conference: two portable video players smaller than an iPod or LG's own PM70. The JM53 (pictured, right) has an 8GB drive and a 1.77-inch OLED display. It measures 3.9 inches high, 1.9 inches wide, and 0.55 inches deep. The even smaller FM30 (left) crams 1GB of storage and the same size screen into a 2.4" X 1.6" X 0.55" package you can wear around your neck. LG claims 30 hours of battery time for the JM53 and 60 for the FM30. Both players will handle MPEG4, ASF, WMA, MP3 and OGG formats.