Ok, so I have been looking for a better "cord management system" than wrapping it up and shoving it in my pocket, only to spend a few minutes untangling it every time I wanted to use it.
I found these :
http://www.a-speed.com.cn/yipod.htm Go to the middle of the page.
They are uglier than sin, but exactly what I was looking for. Everything between the plug and the wire split to the earbuds can be wrapped up in the retractable "spinner".
Has anyone seen anything similar, but that look good?