Newegg has the Patriot Axle PSF32GAUSBG 32GB USB 2.0 Flash Drive for $19 - $10 rebate [Exp 9/27] = $9 with free shipping. Measures less than 1" long.
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A bit chubby but nice price!
I formatted one of these with efs, created a 12gb true crypt volume and installed portable apps within that. Very nice, fast drive and works with linux, windows, and mac with efs. It looks big in the pic, but it really is not. Very nice price.