Here come the cellphone watches, with this $499 Dick Tracy-esque model from SMS Technology Australia being the second one we've seen this month. Called by its maker "the world's smallest wrist phone," My MobileWatch has an internal antenna, voice dialing and hooks up to Bluetooth, so imagine yourself wearing a tiny headset and just nonchalantly using your watch as a phone.

From what we could gather on the company's website, the MobileWatch is not quite ready to ship yet, but they're telling us to hurry because there will only be 30,000 watches available. Both of those little pieces of information make us slightly nervous. With its GSM functionality, the company says you can place an existing sim card into the unit, and then you'll be making phone calls from your wrist. Hey, it's just like Dick Tracy used to do, but better. His was just a two-way radio, with no Bluetooth!

What's intriguing about the MobileWatch is that it looks like it's just about the same size as a normal watch, unlike other attempts at this concept we've seen. One to watch.

Product Page [SMS Technology Australia] Thanks, Kev!