GeoCaching is a neat scavenger/Easter egg/treasure hunt using GPS Units. GeoCaches are starting to show up everywhere from cities to rural areas. Use the Internet to find waypoints and clues about where the cache is hidden. It is a lot like letterboxing.
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Wikipedia does have a great description of Geocaching. If you would like to read some trivia, statistics and other things about the hobby you can go to Jestcaching Blog
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