I just ordered it last night. I've been using one of panasonic's first generation AVCHD cameras, and have been very happy with the footage from it, but it only recorded at 13Mbps and 1440x1080. This new Canon is the first HD camera to record at the full 24Mbps that AVCHD supports, and does 30p (and 24p) at full 1920x1080. It has a 32GB flash drive in it, so no more memory cards. I got the shotgun mic for it too.
Canon VIXIA HF11:
http://www.usa.canon.com/consumer/co...odeli d=17384