I haven’t got a clue about standard definiton video cameras, other than Panasonic seem to be on the money with most stuff camera related these days.
For a cheap HD video recorder, which is easy to use and easy to carry around I’d look at the Flip Ultra (has a fixed amount of memory) or Kodak Zi8. Both have a few shortcomings, as expected at their price point and with their lens sizes, but they’re very handy. I've played with both and prefer the Flip Ultra, it has a smoother zoom.
As a side note, I was in the market for a new video camera and gave up looking at video specific and bought a DSLR (canon 500d), which has built in HD video recording. Initially expensive, but actually quite a cheap solution compared to buying a new digital camera and video recorder separately (I was in need of both). Also, having the slr lens options for video makes for some pretty awesome footage.
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