I've been wanting to participate in Geocaching and other GPS games for awhile now, but I just never got around to getting a GPS Receiver (in large part due to the cost), plus my transportation is limited (another situation I plan to resolve soon).

I want one of these: The Garmin Rino (Canadian version here and here). It's a combo GSP & FRS radio. Perfect for multi-car roadtrips (ala the convoy to Fragapalooza) or hiking/camping excursions. It would work well for Geocaching, two buddies could scout out an area quicker and combine efforts easily.

The big feature of course is the peer-to-peer positioning: You can broadcast your location to other Rino users within range. It even comes with a few games to play based on locating others.

Actually, it makes more sense to want two I guess, heheh.

I prefer the Rino 120 model because it has additional memory for uploading extra maps (probably a good idea for us Canadians, I doubt the built-in maps cover Canada very well), but there's a cheaper 110 model that makes sense as the second (or third or fourth) unit.