Cisco is pretty jazzed about its all-new line of affordable Ultra HD and Mino HD video cameras, the newest entries to the company's popular Flip family.

"This is without question the best line of Flip Video cameras we've ever created," said Jonathan Kaplan, senior vice president and general manager of Cisco Consumer Products. "The new line combines Flip simplicity, affordability, and fun with truly breakthrough video quality, image stabilization, and unlimited personalization options."

Sporting slimmer designs and personalization through the Flip Online Store (TheFlip.com), both the Mino HD and Ultra HD come in 4GB (1 hour) and 8GB (2 hour) capacities and offer 60FPS at 1280x720.

The new Flip cameras are available now for $150 (Ultra HD 4GB), $180 (Mino HD 4GB), $200 (Ultra HD 8GB), and $230 (Mino HD 8GB).

Facebook was quick to deny rumors that it's working on a mobile phone. After catching wind of a TechCrunch story on late Saturday night / early Sunday morning that the social networking site is "building the software for the phone and working with a third party to actually build the hardware," a Facebook PR jumped in to kill the speculation.

Straight and to the point, the PR dude said the report "is not accurate," adding "Facebook is not building a phone." End of story, right?

Perhaps so, but TechCrunch isn't convinced, who points out that Google also denied it wasn't working on a Google Phone prior to the Nexus One launch. And technically, if Facebook is pinging a third-party developer to construct the device, then it wouldn't be lying for the social networking giant to say that it's "not building a phone", but that's splitting hairs.