WM2 Watchphone by Van Der Led

Yes, what you're seeing is true. Someone has finally taken a cell phone and put it on a watch, touch-tone dialer and all.
The Van Der Led WM2 Watchphone is a quad band GSM style, and has some other interesting features. For example, a 1.3 inch TFT touchscreen display, 1GB worth of storage, stereo Bluetooth, FM tuner, and USB data transmission. It even has a 1.3 Megapixel camera.
The WM2 watchphone is available next week at the Van Der Led site for about $475.