Canon flash with fixed light for video recording same as 430 EXII ?

I read somewhere Canon brought out a flash which has a function for constant lightening for video recording from a bulb in front.

Is this the same as the 430 EXII or less strong and less capabilities ?
If this would be the same I would consider selling my 430 EXII.

That'd be the 320EX. Less output, but can also be used as a slave.

Yes, it is the 320EX. There are several limitations to it relative to the 430EX II.
1. 320EX has a manual flash zoom with just two focal lengths: 24mm & 50mm. 430EX has auto flash zoom with focal lengths from 24-105 mm, so it will be much more powerful with telephotos greater than 50 mm.
2. The constant lighting for video on the 320EX is very weak and only useful at fairly close range according to reviews. The 430EXII, of course, does not have this light at all.
3. As Jon says, 430EXII is more powerful in general, although it is by a small amount in the 24-50 mm range.

These differences are important to me, so I will be buying a second 430EX II soon. If these differences aren't important to you, the 320EX is less expensive and a good buy. Both 430EX II and 320EX can be used as wireless slaves using ETTL in the Canon system. If I ever get a third flash just for backgrounds, it could well be a 320EX.

Just in case you didn't see this thread, here's a youtube video showing it in action
http://www.youtube.com​/watch?v=QRKDDRLCR_o