And, yes, assuming it includes chat-feature Facetime, Dick Tracy fans could actually live out those decades-old dreams of having a video-enabled Two-Way Wrist Radio.

CNN: Report: Apple working on an 'iWatch'

"We call it a Dick Tracy watch, " said Carl Taussig, director of information surfaces at HP Labs in Palo Alto, California, in a reference to the comic-strip detective whose high-tech wristwatch doubled as a two-way radio.

CNN: HP developing a 'Dick Tracy' wristwatch

As an example, fans might remember back in the '80s, when she was dating Warren Beatty, many people thought that that relationship was strictly to promote the Dick Tracy movie that they made together, and that she was being opportunistic.

CNN: J. Randy Taraborrelli: Madonna biographer

The science fiction future, as imagined by children growing up between the 1950s and 1980s is already here: we have the flat panel televisions mounted on the wall like canvases, we have the Dick Tracy personal communication devices (and we've managed to cram jukeboxes inside them -- we call them iPhones) but we're missing something.

CNN: The story