The m in mdr is probably mobile. since the mdr 3 were the frst walkman headphones. sony headphones before the mdr line was just "dr" without the "m" and looked like huge full size heavy duty headphones.
The mdr3 was the lightest headphone of it's time. and I believe it was the first entry to sony mdr line.(someone fact check me, please)
the d probably stands for dynamic since thier electret headphones are ecr (electret condensor rrrrr..... no ideal)
Edited by Nagasaki_Kid - 5/9/10 at 6:28am