Once again, here's a really expensive gadget only the ultra-rich can even consider buying. Thanks to liberally-applied blue diamonds (over 50 of them!), the Diamond Crypto Smartphone Project costs over $ 1.3 million, easily a lot more than the Black Diamond. Russian company JSC Ancort and jeweler Peter Aloisson have teamed up to make this spendthrift smartphone a reality.

Apparently, this phone isn't all about style. There are decent features inside this Windows CE smartphone, such a media player, Polyphonic tones, and a Word document viewer.

It also seems that there's some sort of cryptographic technology that will "protect the individuality and soul of every person, about a person's right to think independently as a key fact for the development of our civilization.

That's good, because if I'm spending millions for this gadget, instead of feeding hungry children, it better be worth my while.

Thanks to Mobile Magazine for the heads up.