I know you said that you wanted to stay with a disc, but Cnet recommends users that want to edit should go with Mini-DV camcorders. The Mini-DV tapes cost about $5 dollars each, but you can reuse them for quite sometime before you notice any degrading of quality.
Check out any of the Mini-DV camcorders from this list:
http://reviews.cnet.com/Camcorders/4521-6530_7-5021303-1.html?tag=dir
These are in the price range of the Hitachi DZ-MV730A.
If you are really big into editing, buy a editing program such as Adobe Premiere Elements 2.0 ($100). This will let you take all your video/audio and combine them to make DVD. I also suggest using firewire to upload your video rather than USB. Hope this helps.
Nicole
Sony DCR-HC90
Adobe Premiere Elements 2.0
Dell 3.0Mhz 250GBHD 1GBRAM
I just purchased a Hitachi DZ-MV730A. I was under the impression that I could erease what I shoot (if I mess up) and edit it accordingly.I have realized that with this DVDCAM I can NOT do anything but record straight to a disk and view it in my DVD player. I am not by any means a pro at this stuff but I do know a little. If I take this recorder back,what should I look for? I like the idea of the disk over the tapes. I don't really know the difference between the mini cam and just a dvd/cam. What would be a decent camcorder to buy if I wanted to stay with a disk,edit it as I'm recording(go back and erease if I mess up), and be able to put it on my computer? SOMEONE IN CYBERWORLD HELP ME PLEASE!!!!!! ):
NOTACLUE

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