Video Recording on an IPOD

Add Video recording to IPOD and the stage is all set for a multi purpose gadget that can live up to our dream!
With every such development we see around it makes more and more sense for Google to have bought Youtube for millions or should i say billion

Till date there's been no gadget that combines an IPOD with a high quality video recorder. There have been lot of products trying to fit this bill. To name a few Dish Network, which is promoting a stream of Pocket Dish players. Resembles IPOD to a great extent at least feature wise , Comes with an external recording unit(DVR system) which is WIFI enabled(so that you can wirelessly transfer your recorded vidoes from your recording unit to your pocket player.)
Sounds a good deal for under 400$(for a 30Gig player + recodring unit)?
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