"Creative Technology Ltd., a worldwide leader in digital entertainment products, today introduced Creative DiVi CAM 516, a stylish mini digital camcorder offering video recording in the latest MPEG-4 format and video playback on TV in addition to practical functions such as a 5.1 Megapixel digital camera, MP3 player, voice recorder and webcam - all at an affordable price of S$249.00. The small and trendy Creative DiVi CAM 516 fits perfectly into the palm and comes in 3 stylish colours of Black, Silver and Light Blue. Creative DiVi CAM 516 is able to record high quality videos in VGA (640 x 480 pixels) resolutions up to a maximum of 30 frames per second. Users can also play back the videos captured on any TV to share with their friends and families."
The price for this converged device comes it at around $161 USD doing a direct conversion, so odds are it will go for around $199 USD if I were to hazard a guess. I've yet to see a review of a device like this that has anything positive to say, so I can't imagine this device would be all that impressive either. But hey, I could be wrong...