A wise man once said, “I want it good, fast, and cheap.” A wiser man said, “You have to pick two… it is not possible to have all three.” That is exactly what we have here. We have a device from Sony aimed directly at the Flip Video, a market created by the company of the same name, to bring you HD in your pocket. Not only any HD (if you are unfamiliar with the formats), but FULL 1080 HD and for only $149.99!
Not so sure the market for these types of devices is very big these days. Smart phones that record footage are now just as good, and are built into the one device so you don't have to carry others with you.
The question may be how many pockets do you have? Because at the very least most people have a cell phone and an mp3 player. (See argument before about users wanting more) The third device for many digerati would be a digital camera. Now if you add a video device that's 4 and you start to become weighed down.