The Blair Witch project was done with a camcorder. This disproves you always need the latest gear.
I am preparing to film some short sketches and want them to look fairly good. These are going to be mostly aimed toward web formatting such as you tube. I'm thinking internal memory as opposed to a disk simply to make editing easier, although slipping a disk in my computer might be easier?? Also I assume HD is considerable overkill?
Anyone have some insight in this area?