JVC’s GZ-MG505 digital camcorder features a sleek design and stores up to 10 hours of high-quality video footage. The videos are stored on its 30GB built-in harddrive. JVC’s GZ-MG505 also features a 10x optical zoom lens, 16:9 (1173 x 660 x 3 effective pixels) native resolution, and a 2.7-inch display. The GZ-MG505 will go on sale in July and will be priced at $1,300. Via MobileWhack.