Penny’s (Inspector Gadget’s niece, of course) phone/wristwatch comes to life at last. Designed and assembled in Italy, the i’m Watch functions like a smart phone for your wrist. The wireless Bluetooth enabled watch works with the Android phone, the iPhone4 and, come January 2012, the Blackberry. It can receive and send phone calls, e-mails, instant messages, text messages, stores addresses, photos, receive Facebook, Twitter, Foursquare notifications, check stocks, read the news and a whole slew of other things that your phone can do. It comes in several fun colors and if you’re willing to spend a little more, i’m jewel is available in a finer assortment of precious metals.

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