Hamilton Beach 25450 Gourmet Sandwich Maker $37 at Amazon
Newegg has the Kodak ZX1 Pocket Video HD Camcorder for $150 - $50 instant off = $100 with free shipping. Record up to 10 hours of HD video with SD/SDHC card slot and take stunning 720p HD videos. [Compare]
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Good deal on a decent HD camcorder, though you do have to add the cost of memory. Just don't expect very good performance in low light.
Yeah-none of these really have any guts in low light. It seems one must sacrifice convenience for great quality. Right now, I am definitely asking too much but I am waiting for a flash-based, convenient P&S that takes archival-type video at a good price point. Seems it shouldn't be too much longer.