I thought they were going to release this last month, but no such luck.
Stop toying with us already and hand it over!
This is why all the Time/Life publications are now on the selling block. It is not about the people (left) working there, the archives, or the quality of content they can produce. All that stuff is meaningless to any serious potential buyer.
It's only about the branding. Putting the word "time" in red, or the word "life" in white surrounded by a red box on a delivery system like the one above (a Gizmodo mock-up btw).
That's the appeal.
The important thing to remember is that this gadget will come with an iTunes type of shopping cart in which people can buy the content you create. You don't need a big record label to sell your music on iTunes.
That's what I mean when I say photographers need to become "end-users" of their own work. So Steve, stop screwing around. We'd all like to get back to our jobs!
(Consider this an officially apology for that last sentence.)