Do people actually buy these limited edition phones with their jaw-dropping price tags and not-worth-the-price feature lists? Well, apparently someone is buying them, as more keep getting released. I suppose you need to sell just one cell phone for hundreds of thousands of dollars to make a profit. In any case, this VIPN "Black Diamond" limited edition phone comes loaded with Windows Mobile 5.0, a 400-MHz processor, a 4-megapixel camera, Bluetooth, Wi-Fi, and all the trimmings. Great feature list, right? Well get ready to pay $300,000 for this guy, with only five being made. I'm not quite sure why they're making it so "limited" and charging such an insane amount — they could charge $1,000 for this phone and probably still make a profit and, you know, actually sell some of them. But wait, there are some diamonds on it! Never mind, I stand corrected. Keep your checkbooks away for now; the Black Diamond isn't coming out until early next year. — Adam Frucci

Black Diamond, via TechEBlog