Well, this is an invention that I've been waiting to have happen ... and, sadly, it comes just too late for my own recent window replacement. The KSD Window from Eco-Logical Innovations (the U.S. sister company of ÖKO-LOGIC GmbH in Germany) is "the every season window with the right spin."
The KSD window has three panes with high insulative value. The innovation is in that center pane. It has heat reflective capabilities, in one direction. Thus, in summer, flip the window with the green side facing out and there is minimal heat gain, reducing the cooling burden. In winter, flip it the other way, and it reduces heat loss (while allowing solar heat gain during the day), reducing the heating load. GENIUS!
No word on how much the windows will save the average home, but we've seen some insane numbers for energy loss through windows, so we wouldn't be surprised if it was substantial.

written by window, October 26, 2007
written by Webster, October 26, 2007
written by Carolyn, October 27, 2007
Great idea. It's about time.
written by speedy, October 28, 2007
written by Neece, October 31, 2007
I also wonder if they are prohibitively expensive though.
written by alora, November 01, 2007
written by it spins, November 01, 2007
written by Darrell, November 06, 2007
written by Chris, November 06, 2007
written by Xevi Prat, March 12, 2009
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Does the company operate in the UK?