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A recently released video is offering us a little glimpse, and a big tease at the (hopefully soon-to-be available) OWLE Bubo. Of course, the Bubo is the add-on video recording accessory that we told you about a few weeks ago for the iPhone 3GS.

Based on what I have seen thus far, it would seem as if this has plenty of potential. Just to begin with, the unit will come with a wide-angle lens as well as a macro lens (for use with things like Evernote) as well as having the ability to shoot video and take stills. Plus, perhaps the most exciting part comes in regards to the price which was noted as being around $40 to $50 (in the full production run).

You can also check out the official website (which has a pretty appropriate name) at WantOWLE.com and find a bunch of other images and video that were taken using an OWLE Bubo.