Orange Gadgets, the folks behind the still awaited iControlPad, announced today on their blog that their iGPS360 add-on module for iPhone and iPod Touch is available for order for $75.

This state of the art module, as Orange Gadgets calls it, is supposed to bring full GPS capability for your iPhone and iPod touch. We have yet to see a video demo of this accessory. There is no word about it but I assume this will be available for jailbroken iPhones and iTouches only.

Looking at the company’s website and blog, I wouldn’t feel safe to pre-order this product, but maybe I’m just too carefull… From Orange Gadgets’ blog:

The current expected ship date for the module is 10/22/2008 (which is still subject to change depending on the arrivals of the housings). Keep in mind that not all 1000 modules will be ready by that date as they come out of production bit by bit. So please be patient after you place your order. We will send you a confirmation email once your order is packed and ready to ship.

If you want one, hurry up as they have only 1,000 in prod right now… Would you feel safe pre-ordering from an unknown company anyways? Let us know in the comments.