Hitachi has officially unveiled their new Blu-ray Disc camcorders, the DZ-BD7H and DZ-BD70. Both models can record up to an hour of 1920x1080 full high-definition video onto an 8cm Blu-ray disc. The DZ-BD7H also features a 30GB hard drive which can hold another 4 hours of 1920x1080 full high-definition video.

Hitachi, Ltd. (NYSE:HIT / TSE:6501) announced the world's first Blu-ray Disc (BD) Camcorder, -which records one hour of 1920x1080 Full High-Definition video onto a BD (single side, single layer.) The new camcorders will start selling in Japan on August 30, 2007, and overseas market sequentially starting from October.

The new DZ-BD7H is a Hybrid Cam with a BD drive and a 30 gigabyte (GB) built-in hard disc drive (HDD) which can record approximately four hours of 1920x1080 full high-definition video, or up to eight hours of 1440x1080 high-definition video. It can also copy the contents from HDD to 8cm BD within the camcorder so that users do not need to use any external devices.

The new DZ-BD70 is a BD single drive camcorder which can record approximately one hour of 1920x1080 full high-definition video (two hours of 1440x1080 high definition video) on a 8cm BD.
Hitachi has not announced a price. However, AV Watch expects the DZ-BD7H and DZ-BD70 to cost about 190,000 Yen ($1597US) and 160,000 Yen ($1345US) repectively. Full details can be found here.

Update - Hitachi America has followed up with their own press release, stating that the DZ-BD7H and DZ-BD70 will be priced at $1,499 and $1,299 respectively. Expect to see them on store shelves some time in October.