The best competitor to the Panasonic HDC-SD5, I think.

Sony HDR-CX7 AVCHD 6.1MP High Definition Flash Memory Camcorder with 10x Optical Zoom

It’s more expensive than the Panasonic and uses dread memory stick rather than my preferred SD card. But the still camera is 6.1MP Sony vs 2.3MP Panasonic.

There are an equal number of pros and cons, so far as I can see.

Leave a comment if you have any opinion on the new flash memory camcorders.