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It all depends on what you want to do with the cam!
DV camcorders are not that good in low light conditions. A DV cam can work down to around 7 lux (depending on make/model etc) but a Hi8 would go down to as low as 1 lux. This is not that much of a problem unless you want to use it indoors in a badly lit room.
DV cams are smaller & lighter. The quality of the picture is much better than Hi8 (excluding low light), in fact it can be very close to that of TV. Many news reports etc are actually recorded with mini DV camcorders, but we are talking cams that cost a couple of grand!
You also have the ability to cheaply capture to a PC, Edit and then create DVD's or VCD's etc. via firewire link. This is not as easy with analogue and the capture cards can cost several hundreds of pounds alone.
Which cam?
Well I have always been a fan of Sony camcorders (well I would be as I own one) as they are always good quality. But Sony do tend to be a little more expensive. Canon & JVC tend to get a few fans on this forum.
Are you after a small palm sized camcorder or would better quality be of more interest? It always ends up as a compromise between the 2.
If you are interested in editing on a PC then looking for a cam with DV-in could be a good idea. Also if you have a good idea as to what you are doing then manual features such as focus, white balance etc. can help to give better results. If all you want is a point & shoot then not worth paying for.
There are loads of cams in & around the £500 mark. Also new cams willl soon be released in time for Christmas, so an updated model could be sold off cheaply.
I don't really feel able to recommend any cams directly as I use a £1.5k cam so don't have any experience in this price range. Plenty of others that have recently bought £500 cams should be able to offer advice on their purchase, but if you do have any more questions then please ask and I (& others) will help if I can.
Good luck & happy hunting.
Mark.
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