I bought myself a Panasonic HD video cam that uses SDHC cards (Class 4 - to match the correct data rate). It's dead light and superb quality, of course. You replay through your HD-ready telly via HDMI or copy to DVD via video leads (SD quality, though still good) or archive to the 'puter in AVCHD format.
Personally, I copy to the "My Videos" section of my computer and keep the SDHC cards locked and buy new ones. At £18 a card it's not a problem.
Have a look on www.kelkoo.co.uk for prices on cameras and cards.

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