A few days back, Hitachi showcased prototype of its Blu-ray camcorder at the CEATEC and hoped to officially announce the same in around two years, the latest news in the air is that Hitachi could be releasing both a Blu-ray model and an AVCHD model in 2007. With a size bit more than the usual DVD camcorders, the Blu-ray digital camcorder will be priced around $1500. What next Hitachi?