JVC has announced a new HDVC compact camcorder named Everio GZ-HD3, it is an upgrade of the previous GZ-HD7 model, and it seems that the device is only going to be released in Japan, at least for now.

The Everio has a 1.8-inch hard-drive with 60GB of capacity, a card reader for SDHC memory cards, and it encodes the videos in the MPEG-2 TS format. The recording specifications indicate an enormous zoom of 200x that is provided by Konika Minolta.

The final videos will have a final 1440×1080 resolution, and a HDV format (not full HD). If you record the videos to a 4GB SDHC card, the limit is 25 minutes, but while using the big 60GB HD you can record up to 5 hours of video content.

The JVC Everio GZ-HD3 costs ?150000, approximately $1,200 and only weighs 660 grams.

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