The field of digital camcorders is speeding along at the same momentum as the computer industry, gathering more and more incredible features in ever smaller packages. Take, for instance, the new pocket video camera that have been revealed recently. At this moment, it is mainly a contest between just 2 products: the new Kodak Zi8 and the Flip Mino camcorders.

Both creations have been carefully designed to capture the increasing market of easy to use and extremely portable camcorders with built in capabilities that make sharing the videos on the computer and loading them up to the popular social networking sites markedly easy. Let’s do a quick digital video camera review of these two cameras.

Flip and Kodak are both justifiably proud of their own product lines, and make it easy to catalog lots of information online. Of course, one of the most significant traits to everyone is the price, and you will recognize that they at precisely the same price point, $179.99. So far they’re even.

One important difference between these 2 is that the Kodak Zi8, like most pocket video cameras, has an extremely small amount of internal memory — only 128 MB. The Flip has a much larger capacity of 2 GB, 16 times as much. Score 1 for the Flip.

Yet, and this is huge, the Kodak relies on the use of SD/SDHC memory slots to generate it’s storage capabilities. The Flip Mino leaves you no room for optimization. The Kodak digital video camera can allow up to a 32 GB card for those who want to go all out. What does that mean? Up to 10 HOURS of video recording! Score a big plus for Kodak.

One of the things that is similar between the two is they both benefit from a very versatile built in USB swing-out arm, so you don’t need camera specific cables. You can just flip out the arm and plug it instantly into your computer and begin sharing. Down with cable clutter! A tie.

Each comes with video and picture editing software, but only the Zi8 has HD capable video recording, and a HDMI output on the camera itself to connect directly to your HDTV for prompt viewing. A Kodak win.

But from here on, it really isn’t much of a contest. The Flip Mino, and even it’s big brother the FlipHD, which costs considerably more, can’t compare to the benefits and caliber of the Kodak Zi8. For the same price, you get a much augmented view screen, built-in image stablization, full 1080 pixel HD video, and the dependability that comes with the Kodak name.

Countdown result: the race between these two designs is not remotely close today — the Zi8 pocket digital video camera is exceptional. Of course, don’t presume Flip will sit by idle as their market share evaporates.