It's nothing new to see a pendant designed MP3 Player or for that matter, a player that is tiny. Earlier, it was the MPIO FL 350, then we saw the iPod Shuffle and the Samsung Pebble. All of these players featured a tiny design and are shaped to be an accessory to clothing wear. Today, we have one from iAudio - the E2. It's not the first from them but the latest they have to offer in this form factor for a MP3 player. Earlier, it was the iAudio T2 or Take Two as they called it which sported a tiny pendant with necklace type earphones. The E2 is rather simple looking and features a design more-o-less identical to that of a keychain. Let's see how good it really is.