The Japanese company, JVC has recently introduced its new HDVC compact hard disk camcorder, named as JVC Everio GZ-HD3, as an updated version of GZ-HD7. The new Everio GZ-HD3 hybrid camcorder incorporates an 1.8-inch hard-drive with 60GB of memory capacity, along with the ability to record your MPEG-2 HD (1440 x 1080) video onto optional SDHC memory cards.

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The JVC Everio GZ-HD3 HDD/SDHC compatible camcorder is expected to cost about $1200 but no words on its worldwide release date yet.