Following up on their James Bond-style spy camera watch, Thanko has introduced the even cooler MP4 Watch, just in the time for the holidays. The watch offers a full color screen that tells the time and date but also doubles as a tiny video screen to view the video you've surreptitiously recorded.

Equipped with a mini-USB port for data transfers, and a tiny camera on the side of the watch face the device supports multimedia files such as AVI, WMA, MP3, and JPG. The best thing about the MP4 Watch is that you can pick it up immediately for just 14,800 yen ($163) here.

Via Thanko