I looked on this thread yesterday as I wanted a £150 camcorder.
After spending all day yesterday reading up on camcorders, then spending time up at currys getting them demoed side by side - Senu is (as ever) correct.
Get the Samsung. For £150 you can't go wrong. Quality of picture much better than the Panasonic, feels better (imho) to hold as well. Add to that the zoom and battery life it becomes a no brainer.
I'm sure HD camera's give much better quality, but I got 2 HD tv's and Sky HD and the last time I watched anything on HD was oooh 4 months ago.
Main lesson learnt of course is instead of wasting the best part of 8 hours reading up on all this stuff myself - just get whatever Senu recommends buy
Although, joking aside, nice to actaully hold the camera for yourself and see if you like it.