Updated. There are three versions of this watch. I heard about (and saw) the Abacus and Fossil versions, which are $199 and $249 respectively. But the Sony Ericsson branded version is $399 and adds the ability to control your phone's music player, which isn't on the other two versions.

Original post. Okay, okay, maybe the Fossil Wrist PDA wasn't a hit - maybe I was the only editor who gave it an award. But to listen to Fossil, they've learned their lesson, and what consumers want in a "smart watch" is a simple way to grab some info off a phone that's lost in a bag, pocket or purse. Witness the new Caller ID Watch, developed with Sony Ericsson. It hooks up to Sony Ericsson phones via Bluetooth and tells you whether you need to empty your whole bag to answer that important caller, or whether it's just yet another collection agency who should roll to voice mail. The watch comes in several designs under the Fossil, Abacus and Sony Ericsson brands, and it will cost $199-249 depending on fashionability. Click on the photo at right for a bigger image of the Sony Ericsson model.

Read all about it in my story on PCMag.com.