Panasonic might be reaching a bit when it says these are the world's first 1080/60p HD camcorders (we beg to differ, citing the Sanyo Xacti FH1 and HD2000), but maybe the company means the world's first expensive 1080/60p camcorders. That boasting aside, they've rolled out two powerhouse shooters today, cranking out video with resolution so high your TV might not be able to display their crispy result.
The two camcorders sport similar specs: but the HDC-HS700 has a 240GB hard drive, compared with the HDC-TS700's 32GB of built-in flash storage. If that's not enough for you, both of these babies have an SD/SDHC/SDXC slot. There's no release date announced yet, but the lower-priced TS700 will sell for around $1680.
Expect cheaper camcorders with similar specs to follow suit, and keep in mind, once you've shot all that ultra-high-rez video, it's not so easy to edit it unless you have a powerhouse PC.