Apparently CECT of China is rushing a competing watchphone (in choice of colors) to market before SMS(who has repeatedly delayed release of their phone). Both are scheduled for release in early September:
http://home.businesswire.com/portal/...78&newsLang=en
No word on the price of the CECT W100 or whether it's dual, tri or quad band gsm (if it's made only for the domestic Mainland China market, it may be only dual band). They even managed to squeeze in a camera. If it turns out it's a triband or quadband phone that's not too expensive, I might try ordering one through ebay and pretend I'm Dick Tracy

Phones/Wireless Devices: Doogee S90, Isatphone Pro, Amazon Kindle 3G, SkyRoam MiFi device, Karma MiFi device, AT&T Liberate MiFi device
Sim Cards: T-Mobile (Mint), AT&T (Mifi device or Kindle), Koko
Satphone: InMarSat
Broadband US Wireless Data: AT&T postpaid, Sprint (Karma Mobility prepaid)
Broadband International Data: SkyRoam
VOIP: Skype