I don't know much about camcorders but I have a consumer reports subscription so I thought I'd look into it for you. Their highest rated HD camcorders in your price range of around $500 are: Canon Vixia HF200- $550. They give it a "very good" in picture quality, ease of use and image stability and a "good" in low-light picture quality and audio quality. They gave this a "Recommended" rating. It has a 15x optical zoom, a 2.7 inch lcd screen and 60 minutes of battery life. It also has a built-in light and a microphone jack. It weighs 1 pound. Sony HDR-CX100- $430. They give it an "excellent" in picture stability, a "very good" in picture quality, a "good" in low-light picture quality, and "fair" in ease of use and audio quality. They gave this a "Best Buy" rating. It has a 10x optical zoom, a 2.7 inch lcd screen and 90 minutes of battery life. It weighs .73 pounds. Both models record on flash memory and they were the 2 "best values" among HD flash memory models. The Canon was rated slightly higher overall.