"I picked up one of these "tiny" Canon TX -1 Hybrid digital cameras. This little (I mean really small folks) camera does something which knocked me right out of my chair ! This digital camera does HD 720 30p video in standard Microsoft AVI files as MJEPEGS. The audio is 44.1Khz 16 bit with manual overide and wind filter engageable. It records on SD, SDHC and MMCplus cards. I was curious to see if the files would import and edit in AXP as a 720 30p project and it does ! I just stick the sd card into an inexpensive USB 2 card reader, right click in my AXP project bin, select import, and in it comes and is immediately plyable ! I can even author back out to SD DVD or HD DVD with Sorensen and DVDit (Stuff bundled with AXP). (HD DVD and Blue Ray need higher DVDit) The footage is unbelieveably stunning with this device which resembles something from a James Bond spy movie. The device has a rather sophisticated on board computer (And I do mean sophisticated - See 161 page instruction book to fly it). With Avid it looks like footage I get from networks shot in 720p 30. I'm serious ! It's nice to know that AXP does not require you to transcode your time line sequence to export it to Squeeze or direct import into DVDit 6. I'm editing another 1080 HDV project which reqires you go that extra step of trancoding, but with a 720p AVI file this step is unnecessary. With a camera which is half the size of your hand that does stunning HD video, then I think documentary, surveilance, crime scene, wedding video, and music video shooting is going to change in our industry. When I get handed a freakin small- solid state chip to edit instead of a tape, then I know things are changing in our industry !"