The latest Aquaracer from Tag Heuer has definitely become our new favorite dive watch. Water resistant to a depth of 500 meters the watch features Tag's Calibre 5 automatic movement, an automatic helium release valve, anti reflective sapphire glass, and an integrated diving extension that lets you wear the watch over a wet suit. Link

Puma's seems to be the only one who gets it when designing footwear for golfers who don't want to look want to follow traditional golf fashion. Their latest style, the Puma PG SYM, still retains a proper look for the course while offering a sneaker design that performs just as well any pro shoe with features like a water resistant leather upper and Champ Scorpion Stinger Spikes. Link

Keeping your money strapped down is probably the last thing the country wants you to do with your money right about now, but we can't help but love the elastic strap detail on Property Of's CJ Wallets. The waxed cotton wallets come in four different sizes - a traditional billfold, money clip, id wallet, and roomier "Big" wallet for you sneaky execs who escaped with some bailout bonuses in their bank account. Link: $55-$80

We don't have to tell you that you need a lightweight jacket now, all we need to do is point you in the right direction. Coach's lightweight Nylon Parka is perfect for the April drizzle and colors like the grassy green pictured above will add some much needed color under those gray skies. Link: $448

While the Tesla Roadster was more of a showcase (and play-thing for wealthy tech execs) of their technology, the Model S is what truly is going to make an impact on the future of the car industry. The Model S is available with a range up to 300 miles, the ability to "Quick Charge" in 45 minutes, and can charge via a 110V, 220V, and 440V outlet. The car is no slouch either, it can hit 0-60 in 5.6 seconds and will reach a top speed of 120 mph. Inside you'll find a 3G connection to the internet, a 17 inch haptic touchscreen, and a fully digital instrument dash. More pictures after the jump. Link: $50,000

The Bell & Ross BR 01 Airborne is a bit of an unexpected design which takes its inspiration from the US AIrborne's motto, "Death from Above". This limited edition (500 pieces) style features an automatic movement and all black face with a photoluminescent skull and hands. Link

Looks like Jack Spade is experimenting with materials outside the usual cotton canvas and leathers. The new bags feature Tarpaulin, a water resistant material that you usually find in Military use or as protection from wet weather. The collection includes a Messenger Bag, Duffle, and Tote. Link: $155-$225

We always look forward to Nixon's latest pieces because they've always got new styles at prices that won't wreak havoc on your bank account. Only problem is that we want to snap up every new model. The latest pieces are the Nixon Volta (left) which has a vintage look with a rechargeable solar battery and the Spencer which features a hybrid Analog/Digital face with Alarm function. Link: $200-$270

For Summer/Fall 09, Mosley Tribes is continuing to do what they do best and that's designing an always impressive line of sunglasses. The line features the usual staples of solid Aviator styles and remixed classics. Our favorites include the Dunn (above) and the Bromley which you can view after the jump along with additional styles from the line. Link

Believe it or not, Oakley's knows a thing or two about footwear. Not only do they outfit some of the world's best professional race drivers with performance footwear, they also design a line of tactical footwear for elite military units all over the world. So you better believe some of that technology and know-how trickles down into their consumer line. One example is their new Bottlecap which is an outdoor shoe designed to ford through water with a quick drying design, speed laces, slip resistant outsole, and a drainage system in the sockliner and outsole. Link: $80

Designed after the popular Skeletool, the Freestyle is much more compact and lighter making it the essential multi-tool for your pocket. The Freestyle will feature a knife blade and plier/wire cutter combo in your choice of Zytel or Carbon Fiber with DLC coating for scratch and corrosion resistance. Available this May. Link: $48-$72

Breitling's classic Chronomat is getting an overhaul this year with their brand new Caliber B01 self-winding movement that's designed 100% in-house. This puts Breitling into a rare group of watchmakers that have their own in-house movement. The Chronomat B01 also features a new longer profile for a better fit on your wrist and water resistance up to 1,650 ft/50 Bar. Link

The latest addition to Canon's entry-level Rebel line is chock full of features that are hardly "entry-level" at all. The camera houses a 15.1 Megapixel sensor and features 3.4 fps continuous shooting, 3.0 inch LCD, ISO speeds up to 12800, and the EOS integrated cleaning system. They've also implemented 20fps 1080p video and 720p video recording at 30 fps. Link: $800-$900

For a couple years now POC has been designing a number of award winning safety products for the snow. Now they're releasing a line for all you adrenaline junkies on two wheels. Designed for BMX, downhill, and freeride biking the POC Wheels features Body Armor pieces, helmets, goggles, gloves, and performance apparel. Link

OnLive is a new gaming service that could quite possibly shake up the whole gaming industry if it works like they say it does. The service uses a "microconsole" that streams video of the game you want to play to your television and because of the low-latency video technology they've created, the game plays in real time as if you were playing on a console or PC. If you're wondering about the game choices, they've signed up with some of the biggest players in the industry: EA, Epic, Ubisoft, Atari, and many more. The service will also be compatible with your PC or Mac through a browser plug-in that's less than a megabyte to download. Link / Source