With a pair of these Walkie Talkie Watches you can take a friend with you to style-ville. They have 16 channels, broadcast at 0.5W and can be used in a few different countries (US, Europe, Oz, UK). Comes with a charger, DC adapter and batteries. US$43.99
The Watch Walkie Talkie is the newest generation in personal two-way communications. It’s a lightweight, compact two-way communication device that can be used to stay connected with family of friends at parks, shopping mails, sporting events, concerts-virtually any indoor or outdoor activity.
Tags: gadget, walkie+talkie+watches, walkie+talkies, portable+communication
At 0.5 watts you and your friend had better not be very far apart – these sound more like toys than gadgets.
Most handheld, non professional walkie talkes are 0.5W, http://bit.ly/bOGyyu
But yes, without a prominent aerial these are probably kid's stuff.