It’s AVC-HD and is based around the new APS HD CMOS EXMOR sensor which will be in the new still camera hybrids NEX 3 and 5. Other than that and it’s availabilty late Autumn this year we know nothing morethan that…and this concept image/ video below. Click on image below for official press release.
The NEX-3 and especially the 5 look very interesting. Taking on the GH1 and Olympus Pen system but with a larger chip. The lenses are all new, made especially for this camera. I understand with an adaptor other lenses can be used. I have ordered the NEX-5 as a camera addict. Just a shame the full had is 30p. (the NE-3) is 720p 30p. Click on the image below for more info.