No, it's a 4x digital zoom, but with a camera like this it would be way too shaky unless you had it on a tripod. I believe the Sanyo CG10 has an optical zoom, but its resolution is maxed out at 720p 30fps. The Kodak ZI8 can do 720p 60fps and 1080p 30fps, which is one of the reasons why I like this model. The external mic input is another reason, as I used to do some basic video work for my church and I wouldn't mind starting that up again.
These pocket camcorders really aren't much more than a gadget, and as long as you know that going in you won't really be disappointed. You're not going to find most of the professional features you'd find with the Canons and Sonys, but for the price it will be a fun little toy to play with, and a good opportunity to capture some family moments.
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