The wait is over, assuming you've been waiting all year for WowWee's Cinemin Swivel pico projector that was first shown off at CES 2009 in January.

Previously available for pre-order in the U.S. and Europe, the projector is now in stock at Amazon.com for a little under $300. What the three Benjamins gets you in return is a pocket sized projector that swivels on a 90-degree hinge. According to the manufacturer, the Cinemin can beam a "crisp" 60-inch image from over 8 feet away.

At the heart of the Cinemin is Texas Instruments' DLP projection technology. The projector boasts a 1000:1 contrast ratio, 8 ANSI lumens, an LED light source, and up 135 minutes battery life with a 180-minute recharge time.

So what's the verdict - would you pay $300 for this thing? Sound off in the comments section below!

Image Credit: WowWee