Jellyfish Smack Shopping Deal of the Day

Jellyfish.com yesterday started a new promotion called the Smack Shopping Deal of the Day (it turns out that a group of jellyfish is called a "smack." Who knew?).

Every business day (no weekends or holidays) at 1pm Eastern, a new product will be featured in limited quantities, and the cashback rebate will increase every second until the item is sold out. Yesterday, for their first run, they featured an iPod Nano. They say the response was "phenomenal" and resulted in some technical problems, but that they're all ironed out for today.

Note that you're limited to purchasing only ONE of the item, and that your credit card will be charged the full purchase price; the difference is that you'll get more cashback to your Jellyfish account.

The Deal of the Day will be announced 15 minutes before 1pm Eastern every day.