This iLive ICP391B Clock Radio is not just a simple dock, it’s also an app so that your beloved iPhone can really work well as your clock radio. Instead of a digital display, the iLive uses your iPhone as the hands and for the number 12. The hour, minute and second hands are created by the app and they’re small compared to the size of this clock radio, but it’s still pretty cool.

Without your iPhone or iPod plugged in, there’s a backup alarm, just to make sure that you wake up no matter what the case. The iLive Clock Radio sells for $49.99 from iLive’s online store.

[via 7Gadgets via Oh Gizmo]

Channeling much of its style from Yamaha’s YSP surround systems, this one is a complete home theater in a box. It features a slot-loading DVD player, AM/FM Stereo and a media player dock.

The iLive Surround system is the first product to offer the new SRS TruSurround HD4, which provides virtually positioned speakers from a single device. The TruSurround HD4 chipset allows devices to process inputs of 1.0 to 6.1 channels and reproduce them in a virtual surround field using 4.0 to 5.1 speakers that are all positioned at the front of your home theater.

Pricing and a release date have not yet been announced.