We just had a son and of course its video time!  We already had a Canon (big, huge, clunky) recorder but I needed something that would be user friendly, easy to travel, and no-fuss-no muss to use.  Plus, it's affordable!  I am in love with my Flip Video and am so happy I bought it after my exhaustive research. 

It takes fabulous videos and is so easy to use and upload videos to youtube, myspace...and hoping it syncs a bit better with Facebook in the future.  But you can still upload onto Facebook directly from your C drive.  When you have an infant, you don't know when a cute moment is coming...