'The world's first diamond iPad' for a low, low, low $20,000

The iPad isn't even out yet, but that's not stopping the folks at Mervis Diamond Importers from turning it into something like those Swarovski-studded monsters.

I won't lie, I know next to nothing about diamonds, but maybe this will entice you further: "This gorgeous diamond studded iPad features 11.43 carats of diamonds, hand-set in a micro-pave styling. The diamonds are graded G/H in color and VS2/SI1 in clarity."

And for only $20,000! What a steal. The Mervis version of the iPad comes out in June well after the Wi-Fi and 3G flavors, which land in early and late April, respectively. You'd better act quick if this actually is your bag, though, as "very limited quantities available."

Mervis Diamond Importers, via Engadget