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Beatnik gives MP3 junkies 10x more compression

Most people probably don’t use their mobile phones before June 29 to hunt for MP3s, but as devices get more consolidated, and more people start using them to replace their other products, something like Beatnik will come in rather handy. They claim that they have devised a way to compress audio files up to ten times more than traditional MP3s. The benefit? Users of older networks, like GPRS and EDGE, as well as folks looking to save space on their device’s internal memory, will now be able to cram more files into their device and save a ton of time doing it.