Excuse me if this has been referenced already, but the The HTC website has been updated and for the Desire states the following?
Camera
5 megapixel color camera
720p High Definition Video capture
Face detection capability
Auto focus and flash
Widescreen photo capture
Geotagging
Camera
5 megapixel color camera
720p High Definition Video capture
Face detection capability
Auto focus and flash
Widescreen photo capture
Geotagging