While nosing around the Taiwanese section of CES, I found iMTC's stand, where one of the key products was a Bluetooth MP3 watch (although its official name is the less obvious iM-MP-2220B).
It comes with 128MB to 1GB of internal memory depending which one you buy, and can stream music via Bluetooth to a set of wireless speakers or Bluetooth headphones. The watch can handle MP3 and WMA files, is water resistant, and is shockproof to ensure your tunes don't jump when you do.
Obviously, you can't stream Bluetooth music with a regular watch battery, so the device includes a built-in Lithium ion rechargeable battery, and a USB connector to recharge it. No news on possible distribution in Europe, sadly, but it's surely only a matter of time.
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