We’ve already taken the new ToughCase from Magellan out for a test drive at the Consumer Electronics Show.

The case, available for the iPhone/iPod touch, enhances the accuracy of location based and GPS apps while extending the iDevice’s battery life. But, there is a reason the case is called a ToughCase. It is extremely durable. Using the case your handset will even work under water for up to 30 minutes.

Here’s a video from the show floor:

Priced at $179.99, the Magellan ToughCase isn’t for everyone. But, knowing it is waterproof might be important to some.

What do you think? Is this device worth its price? Leave your comments below.