You only get one "shot" (heh) at capturing all those first moments. Check out the new camera from Nikon. You can grab great photos with its Wide-Angle, f/1.8-4.9 4.2x Zoom-NIKKOR glass lens, a 12.2-megapixel backside illumination CMOS sensor, and optical Vibration Reduction (trust us, all this stuff is awesome in a camera this size). Better than all that though is the 1080p movie mode. It's pretty much the best you can do in a consumer camera in 2011. It will still look great in 2029 when they go to college... sorry, did we just bum you out?
