Blackmagic's new USB compatible video recorder promises to simplify your video recording process by utilizing the H.264 format for playback on the iPod, iPhone, Apple TV, YouTube, IPTV, and the Web. It also features analog component, NTSC, PAL and S-Video inputs as well as simple software that should make it easy to get your video into the appropriate size. The recorder will ship this July in standard and SDI versions for $119 and $299 respectively. [Blackmagic via ecoustics]