I wish the device was a tad smaller, but I love the idea of being able to automatically retract and store whatever cables I want. The Hub is a round aluminum housing containing a spring mechanism; wrap your cable inside, close it up, hit the button, and your cable woes go away. The push-button action looks pretty awesome:
The Hub will also come in a Mini version for headphones, which features a detachable clip on the housing so you can attach the thing to your clothing.
The project, designed by Beijing-based Chadwick Parker and Joe Huang, is up on Kickstarter. As of press time they were about 33% of the way towards their $30,000 goal, with just under two months to go.