More or less off-topic, but Hyundai introduced its Accent hybrid. Could be the first hybrid below $15k. Hopefully it'll be really really popular.

http://www.treehugger.com/files/2005/12/hyundai_unveils.php

Thanks for the tip - I've owned an Accent since 1999, and I love it.  If they can keep the price around $15k, that would be fantastic.  I probably won't be able to justify trading my '99 in on one, but I'll want to!  Hyundai is very aggressive and are making all the right moves.  When you consider what they are accomplishing, compared to GM or Ford, it's really makes the domestics look pathetic.   At least you can go to GM and get a Hummer. ;-)
According to Green Car Congress:

The (Accent) design is a mild hybrid--the motor assists the engine, supports regenerative braking, and handles idle/stop functions, but is not capable of powering the vehicle in electric mode alone.

Yes, I read it.  It's like the Honda in that regard.  But the Prius is not seriously different.  The design of the mechanism is different, and it can run on electric alone - but not far enough to matter.  All of the designs use gasoline as their primary fuel source - the design goal was a very efficient gasoline powered car, and the entire design is optimized for that.  A vehicle that was designed to be a plug in hybrid would end up rather different in design.  At a minimum, the battery, charging, and electric motor portion would need to be beefed up.  If the performance of the gas engine were retained, that would mean that it would simply be more expensive and heavier, as you would only be adding to what is there.

A plug in hybrid might work better as a series hybrid.  It would be essentially an electric vehicle with an on-board generator with sufficient capacity to allow it to cruise indefinitely on gasoline - perhaps with reduced performance, but it does not take all that much power to cruise on the highway at a reasonable speed.  It will take quite a bit of development time to produce one.

Whatever happened to flywheel storage?  I always thought that sounded like a really good solution.