mi Vdo Fx: Toy-Like Videocamera
The devil's in the details, of course, but the "mi Vdo Fx" DV camera from B2 isn't entirely a bad idea. A cheap, low-fidelity (no offense) videocamera isn't anything special these days, but the fact that the mi Vdo fx lets you edit right in the unit, adding effects or even soundtracks piped in from an MP3 player over a miniJack, is pretty boss. There have been plenty of times when I've wanted a small, nigh-on disposable videocamera to shoot short pieces and upload them to share with friends. And being able to fiddle on the camera itself, especially when you're sitting around with nothing better to do, could be very useful.
I do not yet see a suggested price on the B2 web site, but I can't imagine these will stay at premium prices for long. (If at all.)
Product Page [B2stuf.com via ChipChick]

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The gadget is available for $99 at Target.