It does movies and it takes nice pictures and it maxes out credit cards! Wahoo!
-1920x1080 @ 30fps for up to 12 mins (24mins in SD)
-built-in mono mic with mic input for external stereo mic
-video is in .mov file in mpeg4 compression
-when live view is on, changes can still be made to the AF, AF point, drive mode, ISO speed, WB. (Interesting that they say "in live view mode" and not "while recording movies" so we'll have to wait and see what can be done while recording video. I'm not holding my breath but ya never know.)
-21 megapixels with a two smaller raw file options (10mp and 15mp)
-expandable to 25,600iso