LG apparently continued to further develop the watch phone concept they showed at the CES 2008. At the CES 2009 LG unveils with the LG-GD910 the world's first 3G touchscreen watch phone.
The LG-GD910 is not just 3G it actually supports HSDPA with 7.2Mbps download speeds. On the watch face is a video camera to use the LG-GD910 for video conferencing or video capture.
LG crammed the UI of the LG-GD910 wristphone on a 1.43 inch touchscreen. LG plans to first release the LG-GD910 watch phone in Europe for some reason. When LG is actually launching this very cool watch is not published.
Via LG site (Korean). More CES 2009 Highlights.