The Swann FlashlightDVR is a fully working flashlight that allows you to record video and take photos during the day or at night. The gadget is encased in a strong aluminum construction allowing it to be used in various weather conditions. The FlashlightDVR provides a 128MB of built-in memory, which is upgradable via a mini-SD card slot (up to 2GB). In addition, there is also an infrared sensor to provide night vision recording. The FlashlightDVR is ideal for leisure activities including camping or fishing where a flashlight and camera are both needed. Watch the videos after the jump.

[Product Page]

Check out this unique mini spy camcorder that comes in the form of an average normal looking ID Card. Measuring only 5.3mm thick, this ultra-thin device features a 1.3-megapixel image sensor, a built-in 4GB storage, a voice recorder and has the ability to capture both 352 x 288 video at 15fps in AVI format as well as 1280 x 1024 digital still images. It also comes with a built-in rechargeable battery that provides up to 10 hours of standby time. The ID Card Mini Spy Camcorder retails for $41.99. [Product Page]

Panasonic today announced a new firmware update version 1.1 for its DMC-GF1 digital camera. The update provides several improvements including autofocus in movie mode, Manual Focus Assist function and an enhanced auto white balance performance. The update is now available for immediate download via Panasonic’s official website. [dpreview]

The famous Olympus Pen E-P1 digital camera has been redesign with hundreds of Swarovski crystals. Priced at a hefty £1999.99 or about $3,342, the camera comes packaged with a special limited edition wooden box, which contains two lenses (presumably the 14-42mm zoom and the 17mm lens) and a matching flash. The Olympus Pen E-P1 Swarovski Edition will be available exclusively to order from Harrods’ Micro Anvika department.

[CrunchGear]

Buffalo has rolled out the company’s fastest Compact Flash card, which is part of the RCF-H series, which is perfect for digital SLR cameras that require fast transfer UMDA mode6 support. Available in 8GB, 16GB or 32GB of storage capacity, the Buffalo RCF-H series will provide a 90MB/s writing speed. Buffalo will release the RCF-H series in Japan very soon. The price ranges from 16,000 Yen ($180) to 50,000 Yen ($563). [Buffalo Japan]

Creative has once again updated its Vado HD pocket camcorder series by unveiling the third generation model. Coming in a stylish, glossy new look, the third generation Vado HD brings several new improvements over the last generation. Some of the new features you’ll find include:

• Improved quality of video in low light or brightly lit conditions with manual exposure adjustments
• External stereo microphone support for better audio recording
• Headphone output for private listening
• Motion Detection Mode enables users to program the camera to begin recording as soon as motion is detected
• Out-of-the box Mac and PC compatibility
• Still Photo Capture Mode

The third generation Vado HD will hit the market in mid-December for $179.99 (4GB model). [Press Release]