720p HD video is coming to a Microsoft webcam near you. The Redmond based giant is planning the release of their LifeCam Cinema. The new product should be able to capture video at 1280x720 @ 30 fps.

The device also has a noise canceling microphone on top of the camera. The camera uses a now traditional USB 2.0 connection. It will be out-of-the-box compatible with Windows 7, Vista and XP. The new camera will integrate with Live Messenger, Live Movie Maker and Photo Gallery.

The system requirements are quite high with a Dual Core 1.6GHz CPU just to run the camera while MS recommends a 3GHz Dual Core and 2GB of memory for best performance.

The new LifeCam Cinema is made from Aluminum and has a universal stand for desktop and monitor/laptop mounting.

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