Blu-Ray Video Cameras?

Later this year you can expect to see "a series of camcorders featuring Hitachi’s new 8cm BD/DVD drive bundled with a biggie, 5.3 megapixel CMOS sensor capable of recording at full 1,920 x 1,080 resolution."

The camcorders would record up to 7GB of MPEG-4 AVC/H.264 video on 8cm BD-RE/R media or 5 times less on 8cm DVD-RAM/RW/R discs.