Kingston WID/16GBZ Wi-Drive 16GB Wireless Flash Storage for iOS Devices - iPhone, iPad, and iPod Touch - Now compatible with Kindle Fire!
With integrated Wi-Fi and four hours of battery life, Kingston's new Wi-Drive offers pocket-sized portable storage and easy file sharing for Apple devices, including iPod touc Gen 3 and 4, iPhone (3G, 3GS, and 4) and iPad. Accessing or sharing your personal media has never been easier. With Wi-Drive, you can add another 16GB of space accessed wirelessly from your digital device and the content can even be shared with two other people so you are no longer limited to the space available within your iPhone, iPod touch or iPad.
Whether at home, by the pool or on the road, Wi-Drive lets you take more content with you without running out of storage space. Just back-up your files before you go and wirelessly access them from Wi-Drive when you need them.
Update: Version 126.96.36.199 (January 2012)
Something iOS users have wanted for a long time.1/18/2012
Make more room on your iPad/ iPhone/iPod for Apps by loading media onto an external drive. Great for documents and music/movies you didn't buy from the apple store (so more versatile than iCloud) and stream them without downloading them onto your device through the Internet (quicker and more accessible than Dropbox) and easily host those files for others to see. One thing not mentioned is that the drive can bridge a local wi-fi network so that you can still access the Internet while connected to the drive. I'd prefer the SD-card reader style Airstash wi-fi storage solution because it has more uses and better features, but it's hard to argue against the Kingston for almost 1/3 of the price of Maxell's Airstash.
A good option9/7/2011
This is a good option for people who need more disk space but doesn't trust iClould or any cloud option. This is a good device to have if you're going to a place that has no good cell signal and/or access to WiFi internet to get to your cloud storage.
Don't Buy - iCloud from Apple is Free7/26/2011
The reason they are trying to sell these quickly at places like Buy.com is because Apple's new iCloud service provides wireless storage of songs, photos, movies and the like, to all iPhone and iPad users, FOR FREE.