Though I've never been a big fan on car racing, I find some of the merchandise cool. This Azimuth Bi-Retrograde watch is just such an example. The face is laid out like a Formula 1 race car dashboard. When you're going 59 miles per hour with 4K RPMs, you know it's time to punch out (that's 4:59 for the uninitiated).

It runs mechanically and has a perforated leather strap. It's perfect for those who just aren't fit enough to be professional car drivers.

We've seen GPS watches, watches with calendars, and WiFi watches, but this is the first time I've seen all three of these used for a killer watch application. This timepiece, still in prototype status, uses these technologies to let you know when you should leave for events programmed in your calendar.

It takes into account things like traffic conditions, estimated drive time, and any other en route points you may have scheduled. In addition to all this, it can connect wirelessly with a cell phone via Bluetooth.

Gervan Lubbe, a man who designed products to help people with life-changing diseases, is facing, of all things, fraud allegations. Lubbe, who invented a wristwatch that doubles as a Malaria monitor (pictured), is accused of tampering with his company's balance sheets to hide executive salaries to make it look like the company had more income than it really did.

In a smaller, separate case, Lubbe also was not able to prove claims he made regarding the efficiency of the watch. Health-related wristwatches have been around for a while. Though, it's certainly a rarity for the designer of such a watch to come under legal trouble.

Here's an interesting idea. Imagine looking at your watch and the hands are always in the same place no matter what? Can it still tell time? Sure, if the numbers constantly move around. That's the concept behind this gimmicky $30 watch.

The "Relativity Watch" is sure to be as difficult to read as it is undecorative. Pointless? Yes. Frustrating? You bet. Mesmerizing, nonetheless? Absolutely.

We've all seen those surveillance tapes of some lunatic trying to steal some jewelry from behind the counter, but here's something on a higher magnitude. Nearly 120 million yen worth of merchandise was stolen from a high-end Tokyo, Japan watch store.

Of course, that's only about 5 cents in American currency (actually, it's a little over $1,000,000). Police say the suspects are part of a gang that specialize in this sort of crime.

Seiko offers under their Wired brand a unique limited edition watch featuring a 60 facet glass.

The Wired Beams is sold exclusively from the Beams store in Japan. Only 300 are going to be available. The price of 48,000 Yen (~$406) in an affordable range for a unique fashion watch like this.

Beams is a trendy shop in Japan that was established in 1976. The Wired Beams watch celebrates the 30th birthday of the shop. The 60 facet on the glass create interesting optical effects looking at the dial.

Citizen offers in Japan under the Alterna brand a new line of radio controlled wristwatches.

The Citizen Alterna VO10-6573H (photo) features and aluminum case. The choice of a light metal is important as this watch is 10.2mm thick. The weight is 104g. Citizen used a spherical crystal glass in this uniquely styled radio controlled watch.

If the VO10-6573H does not receive a radio signal the watch has a precision of 15s/month. You can force a radio synchronization on demand or let the watch do the synchronization automatically.

The Timex Expedition E-Tide & Temp series are the latest in the Timex E-Instruments watches. As the name indicates theses watches are for the ideal companion for the outdoors.

Using proprietary technology, a dedicated 4th hand alerts you of tidal trend or current temperature (air or water) with the push of a button.

Timex equipped the Timex Expedition E-Tide with the INDIGLO night-light of course. Timex offers four different models of the Expedition E-Tide with Temp & Compass. This style shown in the photo in black (T45581DH) and in brown (T45601DH) below are the strongest ones and are also with an MSRP of $159.05 the most expensive of this series.

The Lego Watch you have to put together of course yourself, like any other Lego set.

The pieces of the wrist band snap together and you can arrange the different colors as you like. The watch is of course intended for kids, but the Lego watch also has the potential of being a fun discussion topic at a party.

Amazon.com has the Lego watch on sale for a low $14.99.

Fashion label Diesel offers an automatic wristwatch in the Diesel Series V.

The Diesel DZ7050 (grey) and the DZ7052 (black) feature a leather band with contrast white stitches with steel tabs and a stainless steel buckle. The stainless steal case holds a black dial with a large metal accent in the center, giving this Diesel watch a sporty look.

Other features include: silver-tone luminous hands, silver-tone 24 hour timekeeping numbers, dot markers and second numbers, Analog date display, crown and see-through screw-in case-back and 100 meters/330 feet water resistant.

WatchZone sells this Diesel watch for $200 even.

Though jewelry renting isn't exactly unheard of, this is first time we've seen it taken online, with an exclusive focus on watches. "Watch My Wrist" is a new online service that lets you rent fancy wrist bling to impress your date. It offers no advice for how to tell her that you live a $200 a month apartment, though.

The site's main page has a basic description of the service: "Instead of purchasing expensive watches and jewelry, you can now wear them for a specified period of time at a fraction of the cost."

Angular Momentum, one of the many watch makers for the rich, has unveiled its Oriental collection, watches that are made of hand sculptured pieces of gold and diamond. The amber dial is decorated with a gold leaf underneath it.

This Swiss watch runs for around $1500 and guarantees you as a grade-A candidate for muggers.