Great video there, I have forwarded it to a couple of friends in Europe.
My car is at the shop as I type this and is having a Z1 and other goodies installed.
When the thing about MP3 playback was mentioned in the clip a CD was being put into the unit.
I would expect its the same as the Z1 here in the US, Mp3 playback from CD's, they didn't say from what media.
The picture ID for incoming calls looks cool but how often would you use it, you need pictures of everyone and then you'd need to upload them.
I would not even look at the unit for incoming calls, just hit accept call by default.
The Zip code thing looks neat, doesn't the U.S. Z1 have that (haven't tried it yet as I am having mine installed now), it would make sense as pretty much everything here is zip code dependant, would be strange if the unit doeesn't support that.
Satellite radio, I lived in Europe (Germany) for quite a number of years and have driven with people in luxury cars with gps navigation units and I don't remember any satellite radio services.
Bluetooth, I like how everyone and every advertisement mentions the great bluetooth features, what they don't tell you up front is that you need to fork out another $120 plus installation for it.
Can't wait to get my car back :D