Reports are coming in like crazy from this morning’s Bear Stearns report on Sirius discussing Sirius’ 3G chipset technology and this is bombshell material. If anyone has a better link to a more detailed account of the Bear Stearns, please send it to me.

Here’s the breakdown:

1. Sirius’ 3G Chipset will be available on the market later this year.

2. The new 3G chipset technology should offer recording and playback features standard. That means that ALL Sirius 3G units will have time-shifting capabilities.

3. The ReGo will require 2 batteries to be wearable - one for Plug-and-Play usage, and one from the Wearable kit. This explains the confusing line-item I was scratching my head over. NOTE: The Bear Stearns report mentions that the Xact ReGo will be available this fall. From what I can tell, this is probably the result of confusion with the other upcoming Sirius wearable, though it’s all still unconfirmed.

4. At the end of the 2005, we will see the unveiling of a 3G powered Sirius Wearable unit - but due to power constraints this unit will not have “live” listening capabilities while in wearable mode. So, you’ll be able to plug-in and listen to satellite radio, and access to your recorded material on-the-go.

5. According to Bear Stearns, the 3G powered Sirius Wearable capable of live reception could become available by early-to-mid-2006.

damn.

Could NASCAR be jumping ship to Sirius a year early? We all know, NASCAR will be dumping XM Satellite Radio and will be hoping on board with Sirius Satellite Radio in 2007. Or so we thought.

According to an article in the NASCAR Notebook,

"NASCAR's new satellite network radio deal with Sirius may kick off sooner than originally planned, according to NASCAR sources who say Sirius may buy out the last year of XM Radio's contract and take over the exclusive NASCAR franchise."

Since the five-year agreement with Sirius was for $107.5 Million, I can only assume that the one-year early buyout would be for a minimum of $21.5 Million.

No official word yet, so for now I'll file this as a rumor until more information comes to light.