This review presents recent technological advances in charge-coupled-device ultrahigh-speed video cameras and their applications in experimental fluid mechanics. Following a brief review of the various high-speed camera types, we point out the advantages of the new technology. Then we show examples of how these cameras are leading to new discoveries in the study of free-surface flows, emphasizing the dynamics of drops and bubbles. We specifically review work on the basic singularities occurring when liquid masses come into contact and coalesce, or break apart during the pinch-off of drops or bubbles from a vertical nozzle. We briefly discuss the imaging of cavitation bubbles and finish by outlining future prospects for these sensors.