It’s the DXG 589V, the world’s first digital camera that records videos and plays games. Similar in design to the lauded Sanyo Xacti, its compact design is held in your hand vertically with a twist up screen. The lens snaps pics compliments of a 5 megapixel CMOS sensor and records 640 x 480 MPEG-4 video at 30 frames per second.

Perhaps its most unique feature is gaming. Turn the unit sideways and the screen orients itself resembling a Gameboy. There’s a d-pad that rests on the side of the lens barrel and action buttons on the right which by the way look eerily similar to someone else’s design. Gameboy-like or not, it doesn’t play Gameboy games. Instead, the 589V comes with 20 built in games.

If you’re still unsure about it, how about video recording direct from any video source (TV, DVD, VCR) to take on the go? SD card storage and hey, it even works as a digital music player so if you look at the big picture - it’s the convergence device everybody wants right?

$199.99 available now at your local Best Buy and Circuit City.