How is the video on Panasonic Lumix (FX35)?

[Zeke.]

Since my sister broke my last digital camera that cost me $350 two months after I bought it, I will be looking for a new one before I go to Japan in June and I can't help but be drawn to the LUMIX. I'm too much of a fanboy but I really want one and video is a big concern for me. I read it records in Quicktime Format and how is that? Anyone can tell me how the video quality is and how much you can record on other LUMIX models?

Thank you!