Six years in development, the Tivoli Audio NetWorks Radio is ready for prime time. The company demoed the compact Internet radio this week at a press conference in New York.

What you get: Access to thousands of free radio stations—including local stations you have trouble receiving over-the-air; playback of mp3 and WMA files stored on a PC via a WiFi or wired home network (not iTunes currently); a USB input for compatible mp3 players (not iPod) or music stored to thumb drive; an auxiliary input for connection of an additional audio source (could be an iPod); a clock/radio and software upgrades via the Internet.

What you give up: $600.

You can store up to 100 radio stations under favorites, and the radio comes pre-programmed with five presets for playing right out of the box. Stations can be searched and stored via country, genre or call letters using the supplied remote control. A portable model, due in January, is expected to include a rechargeable battery like those found in Tivoli’s PAL and SongBook radios.

NetWorks will be available in a few weeks, according to Tivoli president Tom DeVesto.