Panasonic to challenge Nikon with HD video on still camera

Few days ago the new Panasonic Lumix G1 was announced: 12.1-megapixel 4/3-type MOS sensor; world’s first Micro Four Thirds digital camera.

The camera is not even in the stores yet and Panasonic is already creating plans to compete with the Nikon D90:

“Panasonic is developing a version of its Lumix G1 digital still camera with the ability to record high-definition video with auto focus.”