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HD Video has Landed at Phanfare
And I found it after doing a lot of research looking for exactly what you describe. In fact, I also wanted a powerful zoom, and a 28mm wide lens for a wider view to boot.
AND... it had to fit in my trousers pocket!
So here it is:
The Panasonic TZ3
http://www.dcresource.com/reviews/panasonic/dmc...
http://www.nytimes.com/2008/07/24/technology/pe...
http://www.thedigitalstory.com/blog/2008/05/big...
*Sigh*. The G10 is out, cramming 14MP into a stupidly tiny 7.6mm x 5.32mm (1/1.7") sensor. Compare to the APS-C sensor in a Canon Digital Rebel: 25.1 × 16.7 mm. Ah, here's a great comparison:
http://en.wikipedia.org/wiki/Image:SensorSizes.png