flip cam cisco Flip video cameras discontinued; make room next to the BetamaxFlipcams, the handy pocket-sized HD-recording wonders, are going the way of the Betamax. On Tuesday, Cisco announced the company is getting out of the video business after buying Flip maker Pure Digital in 2009.

This doesn’t mean, however, that we aren’t a global village of video-shooting auteurs. We’re just using our smartphones to capture our movies.

According to Mashable, the idea of a wi-fi enabled Flipcam was never realized as smart phones quickly satisfied the need for a video-ready device able to transmit important stuff — like vid of Lady Gaga falling off a piano — in just seconds.

And really, who needs a well-priced HD-enabled multi-megalpixel pocket-sized digital video camera when you can just download iPhone’s 8mm app and take shaky Super-8 style vids that instantly make your memories look like “The Wonder Years?”

Will you miss Flip cams or are you glad to have one less device to tote around?

Posted by:Liz Kelly Nelson