The $250 EP2502 has an OLED display, a 2 megapixel camera, MP3/MPEG4 playback, tri-band support. So you wear this bastard on your wrist, talk into it when making a call, and generally look like the biggest wang on the street.
Seriously: I love me some watches. I love me some cellphones. But unless this thing can hang out in my brain and let me take my calls and transmit them as neural activity, I’d be down. If this thing had a touchscreen and could work as usable PIM, OK. But this is basically a wonky watch that does everything but nothing well.