Genius has introduced a new video camera to the market, the G-Shot HD520.  Rather than using flash storage, the camera uses an HDD to store video.  The HD520 records video at 720p resolution, compresses at MPEG-4/H.264 format, and can take photos at 11 megapixels.

Other features include 32MB of internal memory with an 8GB expansion slot for SDHC cards, 5x digital zoom, 2.5″ LCD, and runs for about $149.  This is not bad for videographers that are just starting out.

[via OhGizmo!]