GPS Gadget of the Week: io-Jacket

German clothing designer Lodenfrey has taken the next step in clothing the techno crowd and produced a coat with built in GPS. This GPS Gadget of the Week, the io-Jacket includes an integrated MP3 player, a Bluetooth mobile phone interface, and 2 years of free GPS locating service from Vodafone.

GeekSugar reports that 10 of the GPS-enabled coats were auctioned on E-Bay as part of a charity fundraiser. The jackets went for around €4,700, which is equivalent to about $6,382.

Last week's GPS Gadget of the Week here.