Watch maker TAG Heuer has officially entered the handset market with Meridiist, a luxury phone with a price tag starting at $5,420. Features-wise there's nothing much special about the Meridiist: 1.9-ich QVGA screen, 2 MP camera and bluetooth. The phone was developed by Modelabs and they have fitted up this handset with a sapphire crystal lens. The phone's casing is all-metal and there seems to be leather accents at the bottom. The Meridiist is fully customizable, too. So if you have the money and find flaunting it appealing, the Meridiist is a great choice for you. This one is getting old anyway.