This has to be on of the coolest new products on the market (except for the MacBook Air). Engadget.com said the following about it:

The company’s Podcast Studio is a self-contained, iPod-interfacing podcast production device… and not much else. The unit features dual XLR and 1/4″ inputs, a built-in microphone up top, an embedded speaker, and the styling of some 1950′s-space-opera transmogrifier. You can slot your iPod in the top and record directly to the player, thus eliminating the need for a computer nearby — until you need to get it online, of course.

All I have to say is that I want one. I don’t know exactly what I would use it for…but it is so cool.