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Excuse me, diamond telling me the time?

The Diamond Fiction from Tagheuer is one hell of a luxurious time piece. The watch looks like an opulent bracelet, until the right button is pressed -- that's when 54 of the 879 diamonds show you the time. Only three of these beauties were created, they're endorsed by Uma Therman, and can be yours for $120,000.

Implications - Although many consumers have been affected by the credit crunch, there are those who remain unharmed. These consumers still seek luxurious products which have cutting-edge qualities and don't want their sense of style to suffer from the recession. Industries should recognize that this niche market exists, and should tailor certain products towards them.