Remember the tiny Chobi Cam One “DSLR” that was introduced in Japan at the beginning of the year? Well the camera has found a distributor in the US and is generating some media buzz again after being marketed as “the world’s smallest camera”. While it certainly isn’t the world’s smallest camera, you probably won’t find an interchangeable lens digital camera that’s smaller. You can buy the video-capable 2-megapixel camera over at Hammacher Schlemmer for $100, though it doesn’t appear to come with any additional lenses besides the kit lens.

The World’s Smallest Camera (via Engadget)

Ordinary DSLR cameras too big and bulky for you? Check out the CHOBi CAM ONE, a DSLR-style toy camera the size of an eraser that actually has lenses you can swap in and out. It shoots 1600×1200 still photos and VGA video at 30 frames per second.
Read more…

The Chobi Mini Digital Camera is an uber-compact digital camera that captures both still images and video. It captures AVI video at 1280 x 960 resolution, and JPEG photographs at 2048 x 1536, or 3 megapixels.

Here are a couple more photographs to give you a better idea of just how small this thing is:

Obviously, this thing doesn’t have any real glass, so great imaging quality isn’t a feature. However, it could make a novel (and expensive) gift, a carry-around toy camera, or a fun conversation piece.

Sadly, the price will likely be a deterrent — it costs ¥13,850, or about $149.