If you buy a Clip+ I would strongly suggest toy install Rockbox on it.
But yes both Rockbox and the original firmware intergrate the microSD memory into the database.
The bonus of Rockbox in this case is it allows for folder borwsing which will allow you to easily select music from either the internal or external memory.
Also I think you are making way to much a deal about driving your RE0s. They will run perfectly fine from 97% of players at normal noise levels.











Otherwise IEMs could run a block party. 
