I love the look of both the GPS watches, particularly the uber sexy Garmin Forerunner 310XT GPS Watch, which is like an updated Garmin Forerunner 305 model. Check out the story from Engadget for details. Below is an image for your viewing pleasure.
These are now available at the Garmin stores as well as online on Amazon, $369 for the Garmin Forerunner 405CX, $349 for the Garmin Forerunner 310XT. I will probably wait for the prices to stabilize a bit before going for the kill.