JVC Everio GZ-HM440
1080p HD video; 40x optical/70x Dynamic zoom; 1.5 megapixels; CMOS sensor; Konica Minolta HD lens; Optical image stabilizer; AVCHD & AVCHD SD dual format; 2.7-inch touchscreen LCD (230k); Face recognition; Animation effects; Time-lapse videos; Captures to SD/SDHC/SDXC
The JVC HM440 is a low-to-mid-range camcorder; that basically means 1080p video from an average sensor. It's HD video on a budget, and there will be video quality sacrifices because of it, but the feature set is stacked enough to compensate somewhat. Take, for instance, the massive 40x optical zoom and the time-lapse capability. The HM440 is a reasonable $300; also check out the HM450, which records to cards and 8GB of built-in memory.