from the manufacturer's press release...
This Watch Spy Camera and Receiver is the ultimate covert operations kit, the camera in the watch is so small it's practically undetectable and looks absolutely normal.
Smart mounting of the camera results in the image being correctly orientated when the watch is upside down, for example when naturally resting your arm on a table. With stylish brushed aluminum and black a face no one will ever suspect they're being watch by such a well dressed person. The receiver unit comes with a 2.5 inch LCD and the capability of monitoring 4 wireless cameras at a time, playing music and even MPEG 4 movies if the mood takes you. The is quite simply the most covert spy camera we have seen yet and is now available direct to you at Wholesale-Star's excellent wholesale prices. Easily sell this to your eBay customers for great profits and take advantage of Wholesale-Star's drop shipping service. (more)
Yes, the watch keeps time.
Yes, the watch transmits audio, too.