I bought one tonight... I like it a lot more than the old style Aiptek's, the picture seems pretty good, but the sound has some distortions, so I may do microphone replacement surgery at some point. It comes with a program that will easily convert the .MOV H264 files to an MPEG-4 ASF (aka WMV) or AVI, so that's really nice, but the catch is that it seems to have a 720p max when you do that. It also comes with software that allows the .MOV files to play directly in Windows Media Player (the QuickTime player is annoying, especially with HD video).
BTW... Best Buy is selling a two-pack of 4GB SDHC cards (ie 8GB total) for only $44, so that's a pretty good deal if you have one of these cameras, or something else that can use SDHC (regular SD devices can't).