Hmm there is a Sony camcorder called Network Sharing Cam which is also a basic, really lightweight and cheap camcorder. Pretty similar to the Flip and priced at around $200. Video is at 640x480. I have one of these Sony cams. The Sony model predictably runs on a memory stick and can also shoot stills at 5 MP. There are 2 buttons : one for taking photo, press the another to take video. Its a nice pocketable design and now I keep it with me at all times. I was not too enthusiastic about videos b4 i used this easy to use cam. The Flip looks an even simpler design.

edit : The sony model has some additional controls like (digital) zoom etc. So slightly more features than the Flip which can either be a "feature" or a "put-off" depending on your perspective.