2GB MicroSD units aren't anything new, with SanDisk having offerings for a year now. This is the first time OCZ has the modules available however, and they are available up to 66x speed and aren't all that expensive – retailing at around $38 for the 2GB units. They come with adapters for make them suitable for MicroSD, MiniSD or regular SD use, making it easy to move them between a phone and a PC.
You can read the full press release at OCZ's site. The units are already available at retail.