I bought a brand video cam for abt $400+
It's not branded or anything but it's great for me cause it doubles as a webcam too! It's iSpan DDV-920 (u can check it out on serach engines for more info)
It's good for videos but doesn't take gd pics.
The specs of my videocam can be found here..
http://www.ispan.com.tw/products.asp
The products keep improving sometimes i even regret buying too early?
Haha.. Greedy me =p