The Panasonic AJ-PX270 microP2 Handheld AVC-ULTRA HD Camcorder is a compact camcorder that draws many of its design features from Panasonic 's shoulder-mounted line of camcorders. It features a 1/3 " MOS imager that captures 1920 x 1080 at up to 60p and a 22x optical zoom lens, with optical image stabilization. It records at high data rates to a variety of media, including micro P2, as well as full sized P2 media cards, while allowing you to use SDHX/SDXC media cards at lower data rates. It features a single P2 card slot, dual microP2 card slots providing a variety of recording options, and a single SD card slot for recording proxy files and camera settings.

The AJ-PX270 features AVC Ultra recording, which allows expanded recording options. In addition to the standard frame rates, the camera will also record in variable frame rates at 1080p, from 1 to 60 fps in 25 steps. The camcorder features both an OLED viewfinder, and a 3.5 " IPS LCD view screen. The lens has built-in manual focus, zoom, and iris rings, providing manual control in addition to the servo control of zoom, and auto focus and iris functions. Taking a page from the larger shoulder mount rigs, the camera features a front mounted audio input, for a camera-mounted mic, and a rear mounted audio XLR input for a second microphone. Audio level controls are at the rear of the camera, however, a second audio level control for the front XLR input is located towards the front of the camera, making it easy to adjust the level on that mic while shooting hand held.

Even though it is designed as a compact hand held camcorder, the AJ-PX270 features connections that let you easily integrated it into multi-camera shoots with large shoulder mounted cameras. First, it features Timecode in and out, and a Genlock in connector, so it can connect to a switcher for live multi-camera shoots. It features a 3G-SDI output for integrating into an SDI infrastructure, and output 1920 x 1080p 60 video from the camera. The HDMI output allows you to monitor on lower cost consumer monitors. The camera features a USB 3.0 connector, with USB Host capabilities, a USB 2.0, and a LAN port. It also features built-in networking protocols that allow you to wirelessly transfer your files when using optional USB dongles.