If you're looking for a no-nonsense pocket camcorder, Cisco's latest (and last) version of the is small and simple enough to justify its $180 (as of April 15, 2011) price tag.

What the new 2-hour Flip UltraHD lacks in features, it makes up for in pure, elegant simplicity. The camcorder offers some slight improvements over its predecessor: It's thinner and less bulky--with a thickness of 0.88 inch versus the old Flip UltraHD's 1.16 inches--but still a bit too chunky to slip comfortably into any but the biggest of pockets.

The 2-hour/8GB model we examined sports a couple of major additions that the 1-hour version of the same camcorder lacks: a special FlipPort, which you can use to connect optional proprietary accessories such as an external microphone; and 720p HD video recording at a higher frame rate of 60 frames per second, up from the previous version's 30 fps. The new Flip UltraHD also runs on a rechargeable lithium-ion battery; alternatively you can switch out the battery pack for three AAA batteries.

Storage is still fixed internally: The new UltraHD packs 8GB of internal flash storage, which accommodates 2 hours of HD footage. Everything you need is in the box: the camcorder itself, a plastic wrist strap, a soft cloth carrying case, and a rechargeable battery. The battery is easy to install in the front of the Flip--just flip the lock switch on the bottom of the camera and the front panel slides off.

The 4.5-ounce Flip UltraHD looks a lot like its predecessor. The new model retains the soft, rubberized plastic cover, but jettisons the metal sides in favor of plastic ones. There's still a flip-out USB port on one side and a power button on the other, and the back holds a 2-inch LCD screen. The buttons remain simple: playback, delete, and navigation controls.