Less is definitely more with the Flip Video Ultra Camcorder ($142). Thanks to its simple-to-use and extremely portable design, this video recorder is selling like hot cakes, taking 13% of the camcorder market. The Flip holds 60 minutes of VGA-quality (640 x 480) video on 2GB of built-in memory and produces surprisingly good video and audio quality. The vertically-held camcorder doesn't have menus or settings or a memory card — just a 1.5-inch LCD, a big red record button, and buttons to playback or delete clips. A flip-out USB arm makes transferring video to your computer easy, and included software makes it simple to edit video and upload to YouTube and AOL Video.