A few days ago you may have heard about a new webcam from Microsoft Hardware that does 720p High Definition widescreen video. Well… meet the new LifeCam Cinema!

The LifeCam Cinema records video at 720p HD in 16:9 widescreen up to 30 frames per second (fps). It uses ClearFrame Technology for smooth, detailed video and has an improved de-noiser. The improved de-noiser reduces image graininess - especially in low light. It also has a faster image-processing technology that keeps video smooth at any resolution. The LifeCam Cinema also has a high-precision glass element lens for much clearer video quality. You know how some webcams have blurry corners in videos? Yeah – not here! Other features include taking 5.0 megapixel stills, a digital noise-canceling microphone, and a flexible attachment base bends to fit on most surfaces (like the top of LCD monitors and notebook screens, or simply on your desk desk).

Through the LifeCam 3.0 software (which can be downloaded here), LifeCam Cinema users will enjoy integration with both Windows Live Photo Gallery and Windows Live Movie Maker which was released yesterday. To record video and take still photos with the LifeCam Cinema, you will need the LifeCam software installed. After recording a video, you can quickly launch Windows Live Movie Maker to edit that video and share with friends and family online. Using Windows Live Movie Maker, you can add transitions and other animations to videos recorded with the LifeCam Cinema as well as music, captions and more. When taking still photos, you can view those photos in Windows Live Photo Gallery and edit and add tags.

The LifeCam Cinema will be available starting in September 2009 for an estimated retail price of $79.95 (U.S.).

For more information on the LifeCam Cinema, click here for the press release.

I am currently giving the LifeCam Cinema a spin myself – courtesy of Microsoft Hardware. Expect to see some movies created with the LifeCam Cinema and edited with Windows Live Movie Maker in the very near future.