braille labelmaker / printer, the 6dot. Though not the first, the MIT group's model is apparently more advanced, easier to use, and cheaper than currently available models. Designed with the blind and visually impaired in mind, the labelmaker features an around the neck strap, and six buttons (for each of the dots of a braille character), allowing quick production of accurate labels, including contractions. The internal processor of the device can store up to 16 characters, and "prints" the characters onto adhesive label paper, which the user can then affix for easy identification of household items, such as medications, canned goods, and so on. Though it's still in prototype phase, it's possible the device could cost as little as $200 when it does hit the market.
[Via Coolest Gadgets]