Now this looks pretty cool - I saw this article on Mobileburn :
The LG Prada Link Bluetooth watch has now passed through the FCC, ready for sale in the United States. This wristwatch connects to the LG Prada, or any other LG cell phone, via Bluetooth, and shows various bits of information from your cell phone.
Thanks to the user manual included in the FCC documentation, we know that the LG Prada Link (LBA-T950) will allow you to instantly get information on incoming phone calls or text messages, without having to look at your phone. You can also view your phone's alarm, or world time clock on the LG Prada Link, which should be convenient to most users.
There are no details on pricing or availability, but you can look through the FCC filing for yourself here.