The MPU-9150 is a System in Package (SiP) that combines two chips: the MPU-6050, which contains a 3-axis gyroscope, 3-axis accelerometer, and an onboard Digital Motion Processor™ (DMP™) capable of processing complex 9-axis MotionFusion algorithms; and the AK8975, a 3-axis digital compass. The part’s integrated 9-axis MotionFusion algorithms access all internal sensors to gather a full set of sensor data.

For precision tracking of both fast and slow motions, the parts feature a user-programmable gyro full-scale range of ±250, ±500, ±1000, and ±2000°/sec (dps), a user-programmable accelerometer full-scale range of ±2g, ±4g, ±8g, and ±16g, and compass with a full scale range of ±1200µT.

Designworld has a video from InvenSense's CES 2012 booth demonstrating the MPU-9150.

The DIYDrones post has additional info and comments.

Official product site.