I thought it was a joke until one of my friends sent me some video that he shot with the older GO-HD 720-30p camcorder. It actually produced some relatively decent video. The audio wasn't great, but the video was OK. Neither the A-HD+ nor the Action HD (which has a 3x optical zoom) is an EX1 or even a Canon HV-30, but for less than $200, I could probably find a few uses for it. Basically, it's a toy that shoots relatively respectable 1080-30p or 720-60p. I'll blow $200 on one just to play with it.
The model number they are using on their website (HDV21X) is the same model number as the 720p model I linked and that your friend has so I am wondering if that is a coincidence or if the new model is really 1080p.
Walmart has it. I typed in my zip code and found 7 stores nearby that they say have it in stock. Maybe you can go look at it.
It's the kind of camera that you can stash in the glove compartment in case you need to shoo something quickly. I'll buy one because in my corner of the county I live in is basically non-existent as far as the news is concerned.
I bought a couple of these for my sons for christmas because I wasn't about to spend any real money on an SD camera and if they want a good HD camera they can get a job. Under controled conditions they work quite well... not for indoor track meets, but OK for a college kid making goofy dorm videos. The big downside was it only saves in MOV format.
I've imported and edited SD video MOVs before.
Somebody was able to record video to a memory stick on their still camera and I used the footage combined with what I had. I had a MOV on one track and and .avi in the other. I hate to admit it, but the still camera picked up the music better than my Sony Dig 8. Wasn't distorted.
Let me know when they can fit an hour of HD on a stick, and I'll take one