Vuzix has announced the latest in their line of video-enabled eyewear, and it's going to be competing pretty directly with Google Glass. The M100 will run a tailored version of Android Ice Cream Sandwich, will pair up with devices over Bluetooth or Wi-Fi to support augmented reality (among other) apps, and project a WQVGA display to the eye, which works out to (about 432 x 240).
The front camera will shoot video at 720p, saved to the 4 GB of internal flash memory. The whole package will be powered by a 1 GHz processor. Battery life leaves a little something to be desired; you'll be able to get 8 hours on it if you're just doing classic hands-free stuff, but with that, the camera, and the display activated, Vuzix is expecting an hour of usage. Launch is expected to be early next year, but how much will it cost? Well, the developer kit which will include a production M100 when it's available is going for $999, so that should give you a rough idea.
Is there any room for another augmented eyewear player with Google involved? Vuzix has been doing this sort of thing for longer, but Google has the ecosystem and developer support. Either way, will these kind of accessories actually get people to start using augmented reality apps regularly? How much can we reasonably expect people to pay for digital eyewear? More info on the Vuzix M100 can be found at their product page.