Panasonic has another crazy gadget. The D-Snap

It's a tiny, Digital Still Camera, Movie Camrea, Movie player, Music Player thingy. There's also a matching mini printer for it. It's only 640x480 and does not support MP3 playback but instead it's own format. The movies are compressed in MPEG4.

I thought it was interesting how they advertise pluging it into your TV to watch 5 hours plus of movies. Is this the first step closer to an iPod for video?