well i am using canon ZR80 camcorder.it is cheap if u have someone living in us or uk.u can get that for as low as $250 or even 50% off if u r buying in festive offer.I think canon has made available that camcorder with different name in india. It has great connectivity also supports firewire and usb ports u can connect it to tv and can even record program from tv by giving input to camcorder.means u can store all your favourite program in digital format on your pc. it also has a digital camera of about 1MP (don't know exact resolution as i have seperate digicam of 5MP) but its quality is good.worth considering and u get international warrenty with it .
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P4 1.6Ghz,768MB SDRAM , on i845 mobo ,Philips 150S4 lcd on sis 315 Pro with 128MB VRAM ,40GB ATA100 5.4K rpm HDD,wifi enabled.hate sound card
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