a device that works with existing removeable media formats that transparently provides a transparent bidirectional connection to another device.
it may using a caching scheme to help with latency and emulation.
an example might be.. you have a normal compact flash camera. you plug in a compact flash device that looks like a normal compact flash memory card to your camera, but it will do all the work to wifi or bluetooth that data over to a server or your pc.
yes you can get a compact flash wifi adapter, but this does something different.
there are new wifi cameras coming on the market, but this can wifi enable any device with common media types.