Look, I'm not about to condone fanny packs, and I definitely recognize that the Spi Gadget Belt Bag ($20), meant to carry your cell phone or iPod, looks, well, related to the much maligned bags.
The thing is, though, it looks like the perfect workout accessory. I run, and if it's cold out, I put my iPhone in my jacket, but if it's warm, I have to wear it in my armband, which is pretty uncomfortable. This could solve my, and every iPod, cell phone, or iPhone-toting gym-goer's problem.
Of course, I don't want to end up on this list either. Dilemma!