The physical buttons have gone the way of touchscreen to allow for a much bigger viewing area.
The original Flip and the Mineo are great because of their simplicity and low price. We have several of them and use them to capture video quickly and unobtrusively. The interaction is simple. My four-year-old is able to use it. The instructions are simple: hit the red button and point it at what you’re trying to record.
For $280 they’ve combined the player and the recorder. Will that be too steep for their current users, or will the new features allow them to grab a whole new set of customers?