"The EX-Z40 ZOOM is the latest addition to Casio's super-slim EXILIM Series and shares the same 4 Megapixel CCD imager and high-performance 3X Pentax zoom lens found on the EXILIM EX-Z4. The EX-Z40 introduces some new features, such as the ability to capture movies clips with sound that are limited only by the memory card's capacity, a new light-weight aluminum body, and a Pan-Focus mode."

I bought an Exilim-Z4 for my sister (which I played with for a while of course

) and she is extremely happy with it, and the Z40 appears to be the next iteration of the Z4. The EX-Z40 has a battery life of 2.5 times that of the EX-Z4 and most importantly, all versions appear to be able to capture movies (no need to watch out for American versions). The Casio EX-Z40 has a suggested retail of about $399 and will be available late April of 2004.