Here is an item that was displayed for the first time at Berlin’s International Consumer Electronics Fair in 2006.

Italian maker Keymat Industries produced this most expensive LCD panel in the world. It is not the technology behind it that makes it uber-expensive, but the diamonds around it.

Studded with four grams of diamonds (the 40 inch model has 160 real diamonds embedded around the screen), and plated with white gold, the YALOS Diamond LCD is available in 26, 32, 37, 40 and 46 inch sizes. The 40 inch model costs $150,000.

With so much diamonds around the screen, I’m wondering how I could keep my focus on any TV program ! (Luckily, I can’t afford it).

Whilst last week we featured here the Diamond encrusted Nokia N95 and the Gold & Diamond 3G iPhone Versions, today here is another great update to the unending list.

Swiss luxury designer and jeweler Knalihs Athem creates exclusive limited edition diamond encrusted mobile phones of world renowned brands like Nokia, Apple, Samsung, Sony and others.. Athem has recently created a diamond encrusted Nokia 8800 Sapphire Arte phone which is a perfect example of redifining luxury !

This exclusive limited edition phone is encrusted with more that 1000 finest quality brilliant cut diamonds that weigh 6.75 carats in total.

Only 20 such handsets will be created worldwide. Each handset is accompanied by appropriate and official diamond grading report from a gemological lab.

Apart from sparkling diamonds the Nokia 8800 Sapphire Arte phone features a 3.2 Megapixel auto focus camera, 1GB built-in memory, Digital music player, FM radio etc.

All the phones are made to order basis as Knalihs Athem works on limited editions. The Diamond encrusted Nokia 8800 Sapphire Arte by Knalihs Athem has a starting price of US $20,000 knowing that the handset can also be personalized with name, initials, lucky number, logo and almost about anything of your choice.

You can order a Ménage a Trois served nightly at Tryst at the 5 Diamond Award-winning Wynn Hotel. This sexy cocktail is creates a perfect threesome using Cristal Rosé, Hennessy Ellipse and Grand Marnier Cent-cinquantenaire.

23-karat gold flakes and liquid gold syrup decorate this decadent cocktail. For $3,000 you can sip this drink through a golden straw studded with a 9-point diamond, yours to keep.

Dior has launched two new watches , La D creation and Christal Midnight Blue rubber.

Designed exclusively by John Galliano for Dior, The Christal Midnight Blue rubber watch has a 33mm stainless steel case and a blue mother of pearl dial set with 36 diamonds. , the stainless steel bracelet is set with 117 diamonds, and the registers are set with pyramid-cut, scratch proof blue sapphire crystal. The model is produced in a limited edition of 500, priced at £3,150 ($6,200).

The La D creation from Victoire de Castellane, artistic director of fine jewelry at the Dior house, has an 18K rose gold case with a mother of pearl dial and an 18k rose gold in-set spiral of 55 pink diamonds, while the bezel is made up of a further 76 diamonds off set against a black satin strap. This watch is a limited edition of 15 and sells for £14,900 ($29,800)

They both have been available from Dior boutiques and selected retailers since May 2008.

Here we go again with another diamond-encrusted handset.

This diamond encrusted Nokia N95 has been designed and developed by Continental Mobiles with a retail price of £10,000 ($20,000).

The handset features a smooth Sterling silver front panel that has been festooned with 4.42 carat of brilliant-cut, VS1 quality, naturally mined diamonds.

To celebrate the 150th anniversary of the Parisian jeweler Boucheron, they have teamed up with Parisian Chocolatier La Maison du Chocolat to recreate the unique style of a Boucheron snake necklace - but in chocolate!

So is it something to wear or something to eat ? The chocolate version is truly a work of art though and it’s not all chocolate: the gold snake skeleton necklace is coated and decorated with chocolate which covers the chocolate gold skeleton, carrying a 20.08 carat fancy brown tinted yellow diamond!