Well, the first generation of truly amazing camcorders are coming. These are hard disk based and record in high definition format (technically called AVCHD, how is that a mouthful, it is really just a version of MPEG4/H.264 used in iPod Video). Anyway Camcorderinfo says that it is really quite amazing but that it isn't quite a high resolution as the Canon HV10, but is easier to use ironically because it is a little larger.
The big drawback is that the encoding is higher bandwidth at 15MBps, but there are still artifacts when you take the video.
Net, net, this area is moving so fast, if you can afford to wait for the next turn of the HDD HD crank, I would. It is moving ahead so rapidly that the standard definition SR-100 I bought two months ago is already obsolete! And I'm sure this new SR1 will be as well shortly.
