Disposable video camera: $29.99

Granted, this is not going to give you the raw material to create bullet-time segments for high budget movies. But everything considered, this camera could enable a lot of the low income folks to have an opportunity film precious moments in their own lives.

Priced at $29.99, the new camera from San Francisco-based start-up Pure Digital Technologies, doesn’t use videotape. Instead, it saves images to internal memory — like the video mode of a digital camera.

Using just three buttons, consumers can capture up to 20 minutes of digital quality video and sound in either separate segments or clips, CVS (Research) said in a press release Monday.

The video camcorder’s 1.4-inch color playback screen lets users watch their home videos and delete unwanted segments. Once they finished shooting, consumers will have to pay an additional $12.99 for processing the footage onto DVDs at their local CVS store since there’s no other way to watch the footage recorded.

One drawback of the camera, which weighs under five ounces, is that it cannot be plugged into a TV. [Read the rest]