Glad to see ya back!
Wazzup, your "continuity director" won't let you borrow her Optura ?
http://www.videomaker.com/forums/viewtopic.php?t=1427&highlight=optura :)
I think an hour is only about 13 gigs (AVI), so go for it. I usually have about nine tapes from a wedding, each with an average of forty-five minutes or so and it all takes around 100gigs.
I suppose you could "AVI it", then export back to tape, but it'd be simpler to meet up with someone who had another digital camcorder. Camera quality shouldn't matter once the video's been shot, cause it's digital.