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Sounds good, although they have now been beaten to market by Apple's iTunes Music Store and iPod (hardware optional as they are MP3s that will play on anything) and soon, Microsoft.
Legal download services were not hugely successful pre-Apple because of the restrictions on what you could do with the files you download. If Samsung does indeed market its music player as 'Napster compatible' it might suggest that the stuff you will be able to play your Napster downloads on is in some way restricted.
Being late to market with a product of restricted usefulness is not a recipe for success IMO.
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