Fraunhofer Institute just announced a tiny new video camera capable of shooting at a 1920 x 1080 pixel resolution and a variable frame rate up to 60 frames per second. The MicroHDTV is said to measure a scant 4 x 4 x 8-cm. So either that picture above is not to scale (a Euro is about the size of a US quarter) or they don't include the housing, lens, transmitter, etc. in their dimensions. We'll assume the former since it's said to be small enough to fit in a racing-car cockpit, helmet, or any other tiny space you'd like to broadcast HDTV from. It operates using "standard optical systems" and can be controlled via a web interface across the Internet. It'll be on display at CeBIT in march where we'll see what this baby can do.