Panasonic’s brewing up some 1080p goodies in the new HDC-HS700 and HDC-TM700 (pictured) camcorders, both of which do up 1080p video at a nice 50/60 fps (or 50i/60i or 24p), and record using a 3MOS sensor system. The new cameras are differentiated with a 240GB HDD in the HS700 and the 32GB of flash memory in the TM700, and act as a followup to the well-lauded HS300 / TM300 series. Both of the new shooters are otherwise pretty much identical, including SD / SDHC / SDXC memory card expansion, new 35mm-style wide angle lenses, 12x optical zoom and some gyroscope-based “Power O.I.S.” image stabilization to beef up the experience. They can also do 14.2 megapixel stills and record 5.1 surround sound with the five built-in microphones.

There’s no word on price yet, but it’ll be announced 30 days in advance of when they ship, whenever that might be. For reference, the TM300 hovers around the $1,100 mark currently, so we doubt these will be undercutting that unit on price. Amazon UK has revealed a price and expected arrival date for the HS700. Priced at £1,199 ($1,873), the camcorder is listed as scheduled for a March 1 release, so there won’t be much of a wait for the wealthy among us.