@Hansov — Yep, by an AAA battery.
When I take out the battery it draws power from the USB connection.
But all the symptoms are exactly the same.
And I know there's nothing wrong with the USB cable or connection, 'cause I use it for my camera too, and there's never a problem...
[broken link removed] is the player. Shows up in properties as a "Sunplus Multimedia USB disk". I've tried emailing the eBay seller, visualland.com and Sunplus (who in fairness only manufacture the chip!) — but all they've been able to do is send me the same drivers I already have...
It only came with a 30-day warranty, and anyway it would cost nearly as much as I paid for it to send it back to the U.S...