This man is becoming father next february.

The wife is now thinking we should get a camcorder. Okay, no problem I thought until I saw the amount of camcorder out there

.
I'm looking for some reasons to go or not to go for:
- Should I go for a HD camera? (makes the choice much easier

)
o) much more expensive
o) my PC is not up to that
o) any new ones announced besides the Sony and Canon?
- Should I go for SD camera?
o) won't I regret this is in a year?
o) what are the top three makes/models I should be looking at for a price that is reasonably cheaper than the HD camera
- should I bother with tapes, DVD's or harddisc?
0) why is which one better when?
Any help would be really appreciated.