During a few weeks, I was checking prices of WIFI Internet Radio Devices, I had a look at Sqeezebox, Noxon Players from Terratec, Sagem Dual Radio distribuited by Medion and many others (for an overview I quite liked the list of "music players" on TwonkyVision and the choice on K55)
Anyway, if I consider the relative poor displays and basic navigation possibilities, all these devices are far TOO EXPENSIVE, the one I would like the most costs about 450,- CHF, the Logitech Squeezbox is not much cheapter either and the battery powered Revo Pico seems to be overpriced as well (see this review on Neuerdings). But now I found an Internet Radio available in the UK for less then 100,- CHF! The Logik IR 100. That's cool. I got the device last night, plugged it in, checked the MAC Address on the Display for updating my filter list. The radio connected to my wifi network and downloaded the station list from RECIVA - really easy set up. Follow up with photos and more details about the device coming up.

p.s. hurry up! The Independent published an article yesterday:
The winner (...) Why would you spend more? For an internet radio? (...) You wouldn't want to give your granny a new wireless for Christmas only to find that she didn't have, er, wireless. that's right. haahaaa....
pps.
I signed up on RECIVA - now I can add the LOGIK device to my user account and define my own streams and favourite stations via web. See screenshot below:

RECIVA is straight forward, the community looks a bit UK biased... there seem to be new functions and features every week, need a few days to proof funcionality / interaction between RADIO and WEB interface.

update 15.01.08
just seen really nice wlan radios models at Intempo, see this review on Neuerdings (in German).