The Brando MP4 watch II can record conversations and even read out your e-books for you. This is all besides just listening to music. It even has 1.8 inch TFT screen with a resolution of 160 x 128 pixels. The watch is available in 2GB and 4GB versions of flash memory. It also has the capability to be your on the go photo album since it can read JPEG files too. For music it supports MP4, MP3, WMA and AVI formats. It also has a 5 band graphic EQ with Super bass playback. The Brando MP4 II also comes equipped with a built in speaker, USB 2.0 socket for file transfer and an FM radio.
It’s priced at around Rs. 4845 ($118) for the 4GB and Rs. 3775 ($92) for the 2GB.
For more information check out Gizmodo.
I already have one............... :) 
