It's one of two new Sonys announced at CES 2010 to feature HD movie capture capable of full HD 1,920x1,080 (60i). (The other is the ultracompact TX7.) It has a stereo mic, too, located right above the lens. You'll notice the V is missing from the model number on the camera. This was a preproduction sample that wasn't labeled properly; there is no none-V version.
You can see the compass and GPS marker on the top right of the screen. Unfortunately, there were no GPS satellites in the Las Vegas Convention Center for me to test the capabilities with. Also note the simple control panel and the direct movie record button.