There's also this thing (or will be soon?):
http://www.butterflylabs.com/bitcoin-hardware-wallet/Although not entirely convinced are the hardware wallets really the safest way of storing bitcoins. They may be resistant to hackers/trojans etc, but you entirely rely on physical device which can be lost/stolen/destroyed (unless I'm missing something here).
Oh wow, never seen this before. I think I'd be happy with that.

The device could be stolen or damaged, but as long as you have the ability to backup the private keys to a microsd, funds could be quickly sent to another address. If stolen a hacker would have to get through the encryption.
Thats why I'd like to see a watch, because theres less chance of it being stolen.