And how much space will it take up? My flip minoHD holds 60 minutes of 720p video on 4gb of flash memory. Have they said how much memory the new iphone videos will take up? And how do you think the quality will compare? Has apple given any stats? Trying to decide if I made a mistake ordering the 16g iphone vs. the 32g. I currently have a first gen. 8g phone, and I don't carry all my music around with me by any means (typically about 300 songs max), so 16g "seems" like plenty.