I have CyanogenMod 7.2 on my HTC G2.
I have not been able to use the camcorder function in a very long time. Sometimes it will switch to the camcorder function but then after 1 second, the camera makes a click noise (part of the autofocus?) and then the app will always lock up. Sometimes the toggle switch refuses to stay in the camcorder position at all, and just bounces back to camera mode.
The regular camera function works, but often locks up/screws up, and then when I try to use the Camera app, it says "Cannot connect to camera" until I reboot. Killing the Camera app doesn't help.
I've also noticed msm_camera_wake keeping the phone awake and killing my battery after using the camera.