At the recent RailVolution conference in Portland, OR, Chris Smith of Portland Transport showed off a cheap and simple display device that uses open source data to display transit times in public spaces. His price? $200.
The guts of the display are an offshoot of the Chumby, an open Linux platform. Smith tapped into TriMET's open source data and set up the display to access the web and voila- a public transit times display suitable for bars, restaurants, malls, and anywhere people need to know when the next bus is coming.
FULL STORY: The World's First "Transit Appliance"

Planetizen Federal Action Tracker
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Urban Design for Planners 1: Software Tools
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Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)