More info: http://www.teenageen.../products/op-1/
It's a Controller
OP-1 stands for Operator 1 and is a pocket size controller for your favorite software sequencer. Connect it to your laptop and it lets you control your sequencers transport with the common play, stop, rec, forward and rewind. Use it to control your software synthesizers with the 4 rotary encoders and 16 dedicated quick keys for fast selections.
…and a Synthesizer
When you disconnect the OP-1 from your computer you suddenly have a stand-alone portable wonder-machine with 8 synthesizer models, 8 samplers and effects like Delay, Flutter, Filters and EQ all built in. Use all that synthesizer power to record your work with the truly unique (at present time, secret) sequencer. We promise you a really cool and creative way to record your sounds and tweak them in a completely new way.
A portable wonder!
Use the magic step sequencer/arpeggiator to get the notes right. If that is not enough use the built in motion sensor that sense every shake or move you make and turn it into really cool sounds.
Then relax and sample a beat from the built-in FM radio or memorize a tune by whistle it into the built-in microphone. Play your piece to your friends through the built-in speaker. Or...convert it right away to mp3 and mail it to them.
I think this thing looks nifty. At first I was putt of by the small size and looks. But after reading it seems quite interesting. I don't think any price has been announced, I would hope <$1000. It's in beta right now I guess. It is certainly innovate, imo.