This image was lost some time after publication.

The Columbus V-700 GPS receiver is scarcely bigger than a box of matches and weighs slightly more than an ounce, but even so, it's accurate to within 1.5 meters and connects with up to 20 satellites.

We're just hoping it will be released in the United States someday. Looks like a pretty good deal for $199.

Super compact bluetooth GPS receiver Columbus V700 [Navigadget]