This is the blinking headphone from Brightonnet Japan codenamed BI-LEDEAR. Shove it in your MP3 player and you will get to see it blinking with the tunes. There are LED lights embedded on both earplug and the main unit that holds the battery and the power switch. The earphone is available in pink, white and blue, while the LED remains the same blue. You can get one set of these in Japan at ¥2980 ($28).

[via New Launches]