New Sandisk Ultra Dual USB drive is a Do-It-All-Paul of sorts
If you frequently back up and/or transfer your pictures from/to your mobile devices (cameraphones, tablets, etc) to/from your computers, Sandisk came up with a new multi-purpose device, the Ultra Dual USB drive. It has built-in memory, plus a USB port on one side and a micro-USB port on the other. This is a wire-free non-wireless option to quickly transfer files between different types of devices.
Your mobile device needs to support USB OTG (On The Go). A list of compatible devices is provided in the Specifications tab at the Sandisk product page. It will be available in 16GB, 32GB and 64GB denominations.
Via Android Central.
UPDATE: here is a review of this creature at PC World.
Sandisk produced a 60 second video promo visually explaining it better than I can with words, YouTube embedded below (the music is fairly loud, adjust volume/headset accordingly)...