At the moment it's nothing more than a slightly half-assed looking render, but the Gemini iKey still has the power to confuse me. The press release (on Harmony Central and Gear Junkies) suggests it has no on-board storage. Instead, you plug it into a separate USB drive and it will record audio (as wav or mp3) there. No word on whether it can play back the audio, or sampling rates. No sign of mic preamps, let alone phantom power. The press release says "Never before has a portable device allowed you to do this without extra hardware and software." Intriguingly, this particular unit appears to be useless without... extra hardware and software. It's $229, it looks pretty, but I don't see what it does that a Edirol R-1 or a M-Audio Microtrack wouldn't do in one box (admittedly at almost twice the price). UPDATE: Remix are reporting that the iKey will cost just $29. It's almost certainly wrong (they also link to the iKey keyboards website) but it make me thing that a $50 Behringer version of this box would be interesting - a clever way to turn your iPod into a hard disk recorder.