Avid subsidiary Pinnacle Systems on Thursday announced the Pinnacle Video Transfer, a pocket-sized device that records analog video onto any USB 2.0 storage device, including the iPod. It's coming January 15, 2008 for $129.99.
The device captures analog video and converts it to H.264 video format. Users can select recording quality (Good, Better or Best). It features S-Video, composite video and stereo audio analog inputs. It also uses its own power; with an adapter, it can even top off the battery of the iPod it's transferring video to.
The device works with iPod video, iPod nano third-generation and iPod classic models. It also supports the Sony PlayStation Portable (PSP), PSP Slim, USB flash drives and USB hard drives.
Pinnacle's Web site had not been updated with information about the Pinnacle Video Transfer as Macworld posted this article.