Replying to New Canon 550D/ T2i !

It records 720P60! and 1080P 24!

From the press release:

"As the ability to record Full HD video becomes increasingly important, Canon continues to deliver DSLR technology that sets the industry benchmark for multimedia functionality. The EOS 550D records video in full 1920x1080p HD resolution, allowing photographers to select the frame rate preferred from 30, 25 and 24fps, as well as offering 720p video at 60 and 50fps. The EOS 550D also includes a 3.5mm stereo microphone socket, enabling the use of an external microphone when capturing video.

Photographers can also take manual control over exposure settings, changing the depth of field and degree of motion blur to shoot more creatively. To provide the best possible video quality, highlight tone priority (HTP) can be set independently for movie capture, without changing any still image capture settings. In situations where the subject is further away, the EOS 550D Movie Crop function records with the central 640x480 pixel area of the sensor, creating an effective magnification of approximately seven times. The EOS 550D is the first in the EOS range to feature Movie Crop and gives consumers more flexibility to capture important moments which would otherwise be too far away."

Cant wait to see a video comparison between the 7D and the new T2i/550D

It has a new sensor, almost similar to the one in the 7D...

Facts:

• 18 Megapixel APS-C CMOS sensor
• DIGIC 4 processor with ISO 100-6400 (Expansion to 12800)
• Continuous shooting at 3.7fps
• Full HD movie recording with manual control and selectable frame rates
• 7.7cm (3.0”) 3:2 Clear View LCD with 1,040k dots
• iFCL metering System with 63-zone Dual-layer Metering Sensor
• Quick Control screen to change shooting settings
• Exposure compensation +/-5 stops.
• Select maximum value for Auto ISO
• External Microphone socket
• Movie crop function