A local Southern California company based in San Diego, Kempler & Strauss produced one of the coolest gadgets to come out of CTIA, the W PhoneWatch.  Currently the availability on the W phone is set to be a late Christmas present.  This would be an awesome stocking stuffer so I hope they decide to push up the availability date.  The W PhoneWatch incorporates a GSM phone that supports the 850MHz, 900MHz, 1800MHz, and 1900MHz bands.  The 1.5-inch TFT LCD micro-touch touchscreen features a screen resolution of 128 x 128 and displays 260,000 colors.  The watch measures at 57 x 45 x 18mm and weighs 2.5 ounces.  Fully compatible with Bluetooth v2.0 headset and hands-free devices, incorporates a still camera that captures JPEG images at resolutions up to 640 x 480.  The integrated video camera captures video in MPEG 4 (AVI) format at a resolution of 128 x 104.  Supports video playback of MPEG4 files and music files including MP3, WMA, WAV, and AMR.  The pricing on the W PhoneWatch is reasonable at $199.  It also comes with a Bluetooth dongle that you can connect headphones to, because walking around with your wrist by your mouth all day can give your 00 status away pretty quick.

Checkout our hands on interview with the W PhoneWatch: