vuzix googleGoogle’s augmented reality Project Glass eyewear definitely captured the imagination of millions around the world when it was launched at the Google I/O Conference held earlier this year, but the price of the Project Glass has proved to be prohibitive – in fact, the developer version itself does not come cheap at $1,500 a pop, and it is said that consumers will be unable to wrap their fingers around it until 2014 happens. Well, video eyewear maker Vuzix claims to see a window of opportunity here, and has drawn up plans to roll out their “Smart Glasses M100″ by the middle of next year for a far more affordable $1,000 – and we are referring to consumer prices here instead of developer pricing.

It is said that Vuzix’s Smart Glasses M100 does look like a Bluetooth headset more than it does a pair of glasses, where you get a 16:9 WQVGA-resolution projector which will project a four-inch display as though you were sitting just 14-inches away from the “screen”. Not only that, an OMAP4430 1GHz processor runs proceedings, ably aided by 1GB RAM, 4GB of internal memory and Android 4.0 Ice Cream Sandwich as the operating system of choice. It can record 720p HD video, while a myriad of hardware such as a gyroscope, an accelerometer and an integrated compass have been thrown into the mix for accurate head-tracking features. Bluetooth and Wi-Fi 802.11b/g/n connectivity are standard, and so is a microSD memory card slot.

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