Ah, did I mislead you with the word "digicam" ?

I'm not talking about a video camera, this is a digital stills camera with 3 Megapixels. The lens is also f/2.8 for the entire zoom range.

All for 326 g (11.5 oz) including batteries.

http://www.dpreview.com/reviews/panasonicfz3/

Of course compared to my 10D the Panasonic isn't really a f/2.8 lens, because of the fact that its 100 ASA mode has more noise that the Canon's 400 ASA mode. So it loses two stops if you want comparable noise levels, making it more like an f/5.6 or worse. But very neat none the less.