Though it may seem a little too much like a one of those calculator watches for some, SMS Technology Australia’s upcoming M300 watch promises to be a mobile phone on your wrist. I4U News reports it’ll see the light of day in late March for around $500.

The M300 watch should be able to work with any GSM network. It also supports Bluetooth so you can sync up a wireless headset, has a built-in MP3 player, can be connected to a computer through a USB port, has a speakerphone, and sports a 1-inch color screen. Nice features all, but we think it would be great if it could also let us view television or show us time by stacking rectangles.