OK so it looks like the HC40 is a direct replacement for the TRV33 (which I had decided on after several weeks' due diligence). I am wondering whether it is worth waiting for the TRV33 to drop in price as retailers shift their remaining stock (they are currently both available around £500 or just above). This is my first ever camcorder, and I cannot tell whether there are any significant differences in functionality - the main difference I can see is that HC40 is 100g lighter at 400g. Why should I buy the HC40 rather than the TRV33, especially if the TRV33 becomes much cheaper in the near future? Usage will be typical family/kids holidays, parties, etc. (BTW - this site and boards are excellent, it would have taken me months to learn what I now know after a couple of weeks research these boards).