The Sanyo Xacti CG11 is basically a point and shoot camcorder that sports a 10 megapixel CMOS sensor capable of 720p recording (H.264 encoded MPEG-4).
The camera also has an integrated EyeFi and mini-HDMI connectivity options, as well as 40MB built in memory and there's also 5x optical zoom, anti-shake and a stereo mic.
The camera will first go on sale in Japan for the equivalent of $318 USD.