GoSmart (http://www.justgosmart.com) has announced the US$24.95 GoSmart Stylus for iPads, touchscreen tablets, smart phones and other devices.  

Made of ergonomically designed solid aluminum, the GoSmart Stylus features a flexible, patent-pending, see-through, Teflon coated stainless steel tip with Capacitive Coupling Technology for precision pointing. It’s designed for painting, drawing, sketching, scribbling, writing, clicking, and selecting on any touchscreen device — even those with sticky protective covers. 
The GoSmart Stylus is available in two designs: the 300 Series (rocket-shape style) and 200 Series (a pen-shaped style). Both designs include two earth magnets embedded inside for attaching the stylus to the newer iPads.