Creative Labs (or ZiiLabs) finally released Zii Egg - a multi-touch, HD video-capable tiny computer with front(VGA) and back(HD) cameras, a mic, a speaker, Google's Android OS and OpenGL hardware support oh, and GPS. The device comes as a part of an SDK bundle for OEMs and developers ready to give it a spin for US$399 and make it into a fully fledged video phone, gaming console, portable HD video player, funky GPS, 3D-pr0n-renderer or a wireless video streamer.

More details on www.Zii.com website but first see the demo on youtube and decide what you think by just looking at it:
http://www.youtube.com/watch?v=CZ6It6z05rg