I like the domain name for the product it represents if you DO actually develop.
I do not like the $4/500 per year price tag at all.
As a domaining investment I don't like it. In my opinion it will just become expensive inventory if not developed.
As a domain you are definitely going to build on, I really do like it. We have always known of these 2 words "video camera" as the main word representing that product. There is also another term that represents the exact same products - "camcorder". Not sure if you can use that on your site as well to try to capture some of that natural traffic too but it might be worth investigation.
Video cameras are mostly $200 - $2k. I have been looking recently and seen some at 3k and up to 4.5k also. If you can build out on this and capture any affiliate marketing/ads I would expect you could do very well.
I do not like holding any domains with premium renewals and I've had the opportunity many times since I invest in dot tv, but have always declined Premium renewal domains. Only standard renewal domains have been good to me. Couldn't imagine spending more than standard renewal unless you are an awesome outbound domain sales person. Holding costs would break the bank, imo.
Developing this one is key. I hope you do develop. I would love to hear your results.
I wish you the very best.