Bug Labs for Bikes

Bug Labs is up for a Best of CES award for Emerging Technology with their Tinker Toy-related system.

The components could possibly make a bike-related mobile device: there’s built-in WiFi, open source software, and modules including GPS and an Accelerometer/Motion Sensor. Mount it on the bike, track your ride, and blog away.

Question is what would you make for your bike with emerging technology?