Our watch news site Wrist Dreams reports about a new video watch with stainless steel strap and case boasting a 1.8 inch color screen.

The Epoq EMP-CVWD-2 supports MP4 video playback, photo viewer and MP3 music playback.
The first metal case MP4 watch just came out a couple of weeks ago, also from Epoq. The MSRP of the new Epoq EMP-CVWD-2 is $199.95 with 2GB. A 4GB model will be available as well.
More details and hi-res photo on Wrist Dreams.

There is also a new Sports edition MP4 watch with metal case, that is water proof and features a urethane band.
More about that new video watch on Wrist Dreams.