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Making your movies is certainly more exciting than spending hours on the couch!
I would like to suggest a dual approach:
1) Don’t spend your all your money on the camcorder at this point. Get experience first. I would suggest getting the Canon ZR960. It is a miniDV camcorder which will allow you to easily upload and edit your video on MovieMaker (PC) or iMovie on Apple. The ZR960 also allows you to use an external microphone, one of the few at that price that do.
2) Spend $20 and buy “The Little Digital Video Book”
This will give you an excellent start, and leave some money for pizza while you are out shooting video – also very important.