I said it was coming and no one believed me. (see my post Infrared vs True Radio) I was pretty close to my assumptions with how it would work but I was imagined another one piece like the Plus II. I was wrong.
Canon first, then Nikon. Click the graphic below to learn more
PocketWizard has also has this trailer video on YouTube that is currently set to private. They will most likely unlock it once they have their press release.