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Here's a JVC digital camcorder with a twist. In fact, there's an entire line of them. JVC's Everio digital camcorders use on-board hard drives for storage. These full-featured camcorders are small and light (model weights start at under one pound), but they come with some pretty nice features.
Take the Everio GZ-MG21, for example. At $600, it's JVC's entry-level model, but the 20 GB hard drive can hold up to 25 hours of video. And there's an SD card slot if you want to expand on that. It comes with a 32x optical zoom, so you can really get close to the action.
Three Everio models (the GZ-MG27, 37 and 77) are compatible with JVC's Everio Share Station. This is a stand-alone DVD burner that also converts the camera's files into standard MPEG 2 format. It connects to the camera via USB, and can be sued as a DVD burner with a PC, as well.