Steve Jobs had hinted at the Nano being used as a watch at his media event, but it looks like someone already has a prototype. Very interesting. I don't like the band they are using, but the idea is one I have been thinking about.

This is a cool watch. It meets all of my criteria... 1) simple 2) rugged 3) elegant. But at $10-20K, this is way way beyond any of my resources. ;-)