USB flash drives are a dime a dozen. As solid state memory becomes more popular, the USB drives are getting bigger and bigger. Right now, you can easily obtain 32GB USB flash drives pretty cheaply. However, form and function do not always exclude style. Recently, Swiss Army released the 8GB Swiss Army USB storage knife. Now, they've just updated their USB knife to 16GB, including an LED flashlight.
The USB flash drive is actually removable. You will also get a retractable ball point pen, the aforementioned LED flashlight and the original Swiss army knife. 
The 
Probably the classiest thumb drive enclosure I've seen. Very slick...and clearly priced by folks who know this. 1GB for $48 says they aren't trying to compete with Crucial et al.
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I actually have one of these - no knife and only 512 MB, but it's a couple of years old - and it's my very favorite flash drive, even though I have one which carries 8 GB. I almost never need to carry a lot of data with me, and it's just so much fun.
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