"...Pioneer today announced the world's first combination recordable DVD/CD drive for PC use. The third generation drive reads and writes four recordable formats including DVD-R (write once), DVD-RW (re-recordable), CD-R and CD-RW, and offers up to 4.7GB of storage capacity per DVD side. In addition, the new drive is capable of recording DVD-R discs at twice normal speed (2X) -- another industry first. The new unit will begin shipping to the OEM market in Q1 2001.

Key features:
- Writes and reads DVD-R/RW and CD-R/RW formats
- DVD data capacity of 4.7GB per single-sided disc
- 2X writing speed for DVD-R

Specifications:
Writing Speeds: 2X and 1X (DVD-R)
1X (DVD-RW)
8X and 4X (CD-R)
4X (CD-RW)

Maximum Reading Speeds: TBD. (DVD-ROM)
TBD. (CD-ROM)

DVD-R Media Support: DVD-R for General type (650nm)
Interface: ATAPI
Supported Formats -- Write: DVD-R, DVD-RW, CD-R, CD-RW
Supported Formats -- Read: DVD-R, DVD-RW, CD-R, CD-RW, DVD-ROM,CD-ROM
Recording Method: Disc-at-once and incremental write.."

No info about the price yet...We hope to be under 1000$ ;)