Here's some video I shot last year of Fasnacht. I'm just getting around to putting it up on the web. We wandered around with some friends that are in a Fasnacht clique.
I quickly realized that I wasn't going to get any good pictures with my camera. However, the video function seemed to work decently with the low light conditions, but the Canon S40 is a sorry replacement for my Panasonic video camera. The quality isn't great, but it's not so bad. There's a better version at my .mac video gallery.