The compact Olympus LS-20M incorporates some of the technologies created for its camera line the device is the first Olympus recorder that can both capture and edit 1080p video. At the same time the unit can also record high-definition audio up to 24 bit/96Hz Linear PCM stereo sound.
The unit has a rather small display (2 inch) but this was done in order to maintain the device small footprint.The unit also has a tiny 1.46 inch data display that displays time, audio levels and battery life. The LS-20M has autofocus lens and 4x digital zoom (optical zoom is probably too much for such a small unit) and the video is compressed in a way that should make it easier to upload the content online.
As for price the unit will be available in June for around $300. It comes with 2GB of SD card and can handle up to 32GB of SDHC. The device charges using a USB cable and also has an HDMI for connecting it to an external display or a TV. More information can be found on Olympus’ website.