Well, this is my "budget" rig. It´s still expensive for me because this is my first "hifi" experience, but I´m really happy with it. It´s a Cowon D3 and Brainwavz M3, a bit outdated but they are good. Maybe I could buy a bigger SD card (Currently using a 4 gb one :/ ) but it´s not a big problem because I don´t like to carry thousands of albums. I didn´t like the Comply tips, so I stripped off the plastic core and put the foam inside the stock silicone tips (That are really good IMO) and it really improved the isolation, I can barely hear anything in the subway.
Nice seeing the Brainwavz M3 get some love around here. The M3 is one of my favorite IEMs of all time.. . Beautiful sounding IEMs that still impress me to this very day even after owning some pretty good ones.. . I always keep it with me..