ABCNEWS.com : Silicon Insider: Is IT Ready?

You've no doubt heard about IT, the most hysteria-provoking new product rumor since the Apple Newton.

As the story goes, genius inventor Dean Kamen - creator of the drug diffusion pump and the celebrated new iBot go-anywhere wheelchair - has invented a new product of earthshaking potential. He is not saying what it is, and he has sworn others to secrecy, but we do know the following:

It is also code-named Ginger. It is not a medical product. It comes in two models (Metro and Pro), the former likely to cost less than $2,000.

Kamen showed it Steve Jobs, Jeff Bezos and John Doerr. Bezos reportedly made his "loud, honking laugh" of appreciation. Jobs said it would cause people to re-architect cities and compared its importance to the PC. Doerr likened IT in magnitude to the Internet, and then invested in it...

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Sounds like a Sinclair C5 to me. What does IT stand for - my guess 'Itsibitsy Tricycle' ;-)