I don't normally cover accessory announcements for products that only work with a single manufacturer, but Canon's WM-V1 microphone sounds kind of neat. Because it doesn't require an accessory shoe it's suitable for use with the compact models that don't have one, which is generally the group that needs better sound the most. It mounts on the camera strap and can record sound up to 164 feet. You'll be able to find it in May for the steepish price of $250.
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