New cameras do double duty
The $499 Casio Exilim Pro EX-P505 is a 5-megapixel digital still camera that can also take 640-pixel by 480-pixel, or TV-quality, video. Coming later this month, it also contains a function that lets high-resolution still pictures be extracted from video for printing.
Credit: Digital Photography Review
But convergence is inevitable and Sony just HATES it. Their Camcorder biz ($$$$) is going to transmogrify (word o' the day) into something less profitable.