This tiny 1 inch hard drive is interesting to see in light of recent industry advances in flash memory, since the Pocketec Nano is actually a spinning hard drive.

The small USB 2.0 device is powered and transfers data through a USB interface and saves data onto the tiny plates of a hard disk at a rate of up to 480Mbps. The HDD has a capacity of 12GB and is in an enclosure measuring only 38mmx38mmx15mm. The tiny USB interface drive is compatible with Window 98/SE/ME/2000/2003 server/XP/Vista and MAC OS 8.6.

More information can be found about the Pocketec Nano at the Korean Pocketec website, and will be retailing for around $210 USD.

Source: Aving via Engadget