Ah gotta love something which claims to be the lightest and the smallest camcorder in the world! So who has the title shifted to now you may ask? Well its none other than the new SANYO Xacti HD2 which is on display at CES 2007.

The SANYO Xacti HD2 is a 720p high-definition digital camcorder which also moonlights as a 7.1 megapixel digital still camera. The HD2 measures just around 3.1"W x 4.7"H x 1.4″D and weighs only 8.3 ounces. Sanyo has also integrated a new HDMI digital interface into the HD2’s multifunction docking station for digital output to HDTVs and high-definition video recorders.

The latest offering by SANYO is capable of recording up to 21 minutes of high-definition video (or up to one hour of standard-definition video) per gigabyte of available memory on any standard SD or high-capacity SDHC card (memory cards sold separately). One can also capture three hours of high-definition video, up to eight hours of standard-definition video or thousands of 7.1-megapixel digital still images on a single 8-gigabyte SDHC card.

One also comes across a digital image stabilization which uses original corrective algorithm developed by SANYO and a high-precision LSI (large-scale integration) circuitry which is a "high-definition engine” and is known to achieve high-definition 720p processing, real-time MPEG-4 compression and noise reduction.

The video recorder uses a 10x optical zoom lens which is built from 12 elements designed in 9 groups and with a built-in neutral density filter and has a maximum aperture of f/3.5 in both wide and telephoto angles. The lens can achieve an impressive 100x zoom and the digicam is also equipped with a 2.2-inch LCD display with 210,000 total pixels.

No word on pricing to availability but keep watching this space for more info.