The iPhone or the iPod Touch may not have the pico projector type features but now it looks like it will get something bigger. By simply attaching the HypnosEye iPhone projector to your iPhone, you can get to see a larger display of videos or photos for sharing with your friends and peers. This iPhone add-on can reportedly project an image from a distance of 0.5 to 2 meters away. Upon purchase of the HypnoseEye iPhone Projector, you get the projection lens unit and a portable 17” diagonal projection surface. The whole thing retails for about $80.00.

(Source) Ubergizmo