The 7D has the advantage of faster framerate and larger buffer as well as slightly better build quality. The D7000 has the advantage of lower noise and lower cost. I am not a video shooter, but I suspect the video might be a little better on the Canon....
For the record, I shoot with a D700, D300s and D7000. I think the D7000 is the best value DSLR body Nikon has ever made. Everything it doesn't have are not things that are likely to be showstoppers to most photographers unless high speed action is your primary interest. The image quality is superb, and the noise levels are much lower than what I see out of the camera on images from a friend's 7D. The 7D is a wicked fast body, though, if that is your thing.
while I agree about the "value of the 7000, I disagree with your noise assessments. I've got bot cameras, along with the 5d2 and D3...(my wife shoots Nikon and I, Canon). DPreview doesn't compare the two direcly but the do compare the 7d and the d300s...and in my opinion, the d300 and d7000 are within a hair of equal on high iso noise. Here is dpreview's quote comparing 7d and d300s noise
"With noise reduction turned off we get a more accurate idea of how noisy these sensors are and the image looks slightly different to what we've seen above in the JPEG section of this page. The Pentax K-7 is much closer to the pack but it also becomes clear that the 7D produces a cleaner image than the 50D and, at very high ISOs, also than the D300S. This explains to a degree the 50D's slightly softer JPEG output at high ISOs. Its JPEG engine has to apply more chroma noise reduction than on the 7D in order to get noise onto the same level."
...and again on chroma noise
"Again, the graphs below confirm what we can see in the sample crops. The 50D produces more chroma noise than the EOS 7D at higher ISOs. The Pentax K-7 is still slightly worse than the Nikon and EOS 7D at very high ISOs but the gap is smaller in RAW. At high ISOs the the 7D and its closest rival, the Nikon D300S, are more or less level in terms of chroma noise."
These findings are similar to mine...my wife replaced her d300s with the d7000 (d300 was stolen). However, that said...and as others have mentioned, these are two different "levels" of cameras. The 60d and d7000 are a much better dollar for dollar comparison, and IMHO, the d7000 is a better buy next to the 60d, Especially if you're already shooting Nik.
Here is the link to the noise tests on 7d
http://www.dpreview.com/reviews/canoneos7d/page15.asp
...and a little write up about the noise of the d7000 compared tp the Sony A55 and Canon 60d on dpreview
"All the cameras show signs of noise even at the lowest sensitivity settings (remember these samples have noise reduction turned down to zero in ACR) but up to ISO 800 the differences are marginal. At the higher settings the Nikon output is a little cleaner than most cameras in this class but again, the differences are almost too small to be relevant for many photographers. However, the fact that all these ACR converted files look pretty similar when there's more difference in the JPEG output suggests that the Nikon D7000's JPEG engine is doing a slightly better job than some of the competition at higher ISOs. "
So the NR usinng the jpeg engine may give you a little less noise than the 60d, but perhaps not enough to base a decision on? Ymmv
Good luck, IMO...you can't go wrong with either, bot excellent cameras...course, with all else being close to level IQ wise....if you need speed and/or weather sealing, the 7d is a phenomenal camera!
J
