I have several friends in consumer electronics manufacturing. They have told me that Apple is developing a digital video camera (iSee?) with a major video manufacturer (unknown). Apparently they are marrying an iPod mechanism to a video camera (I was not aware the iPod could record that fast). Word is that a user can independently control frame rate, color depth, and resolution! It can record full motion video, to stills, to audio only. If so, this would represent a completely new way of looking at video rather than inexpensive media that builds up in the closet, you have very expensive media that is permanently in the camera. This more closely ties the camera to the computer just what Apple would like to see. Also ties nicely into the digital hub concept. No word on cost, but it is supposed to be quite small, but can take interchangeable lenses. I hope it is something like the Nikon Coolpix. If it has truly adjustable frame rate, I hope that means time lapse photography. I would love to travel with this thing in my pocket and record a frame every two seconds through a snake lens as I walk the back streets of Hong Kong. Ill buy one!