Cisco has unveiled a new TelePresence solution: a personal Cisco TelePresence system for use in individual offices.

For those not familiar with the product, Cisco TelePresence provides high-definition 1080p video, spatial audio, and a setup designed to link two physically separated rooms so they resemble a single conference room even though the two rooms may be on opposite sides of the world.

The Cisco TelePresence System 500 brings TelePresnce to a personal office, with a smaller form factor that retains all the same qualities of the large Cisco TelePresence systems. The product is being pitched as a providing “a lower-cost entry point for medium-sized businesses to experience telepresence in communication with partners, customers or suppliers.” Cisco’s idea of low priced: $33,900, with shipping from the third quarter of 2008.

Not as cool as the original, but still interesting.