Jim Tierney of Digital Anarchy posted about Eyeclops on his blog AnarchyJim. It's a $40 video camera with 200x magnification but only RCA out. It could make a good gift, especially if you get to play with it too. Just remember: God isn't one-eyed. There's more videos for this and similar products on Youtube.
Update: And via FreshDV, A Mini Spy Camera Hidden in a Pen.