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There are no official announcement from Sony but the product is already appear at the retailer website. The Walkman use 4.3 OLED touch screen display which looks wider and curvier.  In term of storage, it have 16GB and support wireless file sharing. Also the device support wireless streaming.
Market availability start from 31 July.
 

Sony Walkman X-Series – hands on and review
Hands on review of Sony's rival to the Apple iPod Touch, the new Walkman X Series NWZ-X1000, due on sale in Spring 2009. It features a 3inch OLED display and built-in noise cancelling.

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