This is Myvu Crystal, an eye glasses video monitor with compatibility for the iPod Touch 2.0, Apple iPhone and other mobile handsets with video playback functionality.

"With a focus on innovation, functionality and design, Myvu is thrilled to announce that Myvu Crystal is now fully compatible with the Apple iPhone," said Kip Kokinakis, president and CEO of Myvu Corporation. "We're extending our reach into the consumer market as the first video eyewear to fully integrate plug-and-play functionality with all iPod with video models and now the Apple iPhone."

It looks smaller than the previous eye glasses video monitor models we wrote about, and Myvu sees to taking into account the design details, which is very important for such gadgets that have to integrate complex modules.
It is available at a retails price of $299.95 and offers a personal viewing experience of DVD quality in 640 x 480 pixels, highest pixel density and sharpest resolution thanks to the Kopin's Cyberdisplay technology, and for up to 4 hours of video playback. Additional elements brought by the video eyewear model include the Ultimate Ears noise cancelling earbuds, an USB charging cable, and the rechargeable battery.
You could use it with your iPhone 3G, multimedia players and personal cell phone.

Thanks to the SolidOptex technology, Myvu managed to create it in a small and lightweight form factor, to look good while covering your eyes, and at the same time to provide great functionality.
Other similar eye glasses video monitor models you might want to check in addition to Myvu Video Goggles are the 80-inch Virtual Screen Glasses from iTVGoggles with support for iPod/iPod Video, DVD Players, VHS Players, DVR Recorders, Tivo, Nintendo Wii, PS, PS2, PS3, Xbox, and Xbox 360, or the Sony Video Eyeglasses with QVGA display, 50:1 contrast ratio and the holographic waveguide technology.