So you don't want to buy an expensive iPod, but you love the idea of the Nike+ iPod that charts your mileage, speed, and calories burned.
Today's your lucky day. Speed+ Watch has arrived.

Nike is releasing a watch that will communicate (wirelessly of course) with the Nike+ sensor in your shoe - and it won't need the assistance of an iPod.

It'll display distance, pace, time and calories burned on the LCD display.

It uses a USB connection so you can download the data to your computer and send it to Nike.com so you can track your runs.

Apparently the product details were accidentally posted on the European Nike website and quickly removed. No word on pricing or availability.

The same thing happened with the Nike Amp+ Wireless iPod Remote - it still is yet to be released.

Now I'm getting even more excited for their arrival. Stay tuned.