A GPS Unit Even Your Mother Could Use
Finally, a SIMPLE GPS.
Bushnell 36-0050 BackTrack GPS Navigation System
(via Popgadget to Ohgizmo to The Goat to Adventure Blog)
I’ve added this to my Christmas wish list. I could certainly have used one in the past.
besthike.com 
$69.95 now. Not sure how useful this would be in the backcountry. It doesn’t have maps, so you will still need to have a paper one. Otherwise, it could point you towards a ravine rather than in the best direction of travel. Finding your car an a large lot would be nice, but I’m not sure how many times I would actually use it.
Still, it’s kinda cool and fairly cheap.
I’ll agree it has simplicity on it’s side, but if you’re already planning on spending $80 then why not add an extra $20-30 and pick up a Garmin eTrex.
The Garmin might be more complex if you delve into the detail, but if you use it’s color screen and breadcrumb trail to find your way back to the trail, then it’s simplicity itself.
You’ve now reminded me that I need to post a quick ‘get started’ Trailspotting guide to the Garmin eTrex. I’ll try and get one done this week.
Although nice and small, this is only an ounce or so lighter than the etrex so the savings are minimal (other than price.) And Fred, you need a paper map anyway, you never want to rely on electronics.