Some info here
(Spansion press release) and here
(article at software partner site).
Using an ARM core @ 240Mhz for the DSP and looking at the capabilities (H.264, SWF, and AAC decoding sounds good to me), I've been itching to get my hands on one as it would appear to outdo the Rockchip RK260X players easily.
However, the only place I've seen a 'generic' player being offered explicitly stating that it is using this solution is at a Swedish auction site where they sell for the equivalent of roughly $90 USD (depending on how the auction goes).
If anyone come across one of these, I'd love to get some impressions.