AIR³ has 2 cameras: front and back. Check AIR³ specifications for more details. So, you can take pictures or videos with Air³.
The back camera includes a high-sensitivity sensor that allows to take good pictures when the light is weak. The drawback of this high-sensitivity sensor is a "saturated" picture if you take the picture in light intense scenes or with a flash, if you are too close from the objects you are taking. The are some workarounds: use the front camera, use the back camera with HDR mode.
This feature has been improved with AIR³ 7.3.