i-Theater video headset announced

i-O Display Systems has introduced the i-Theater, a new wearable display for video iPods and other portable devices. The $500 headset features dual QVGA resolution screens (320 x 240) which the company says are the equivalent to watching a 50-inch display viewed from a distance of 8.5-feet. The i-Theater weighs 3.5 ounces, comes with a rechargeable battery, and offers a “sleek, ergonomically comfortable and lightweight design.”