JVC Everio GZ-HM50
720p native HD video, 1080p upscaled; 40x optical/70x Dynamic zoom; CMOS sensor; Konica Minolta HD lens; Optical image stabilizer; 1.5-megapixel still images; AVCHD Lite & AVCHD SD dual format; 2.7-inch LCD (230k); Face detection; Time-lapse videos; Captures to 8GB built-in flash/SD/SDHC/SDXC
JVC's low-end HM50 camcorder appears to be a 720p-shooter than can effectively upconvert to 1080p resolution. Like the rest of JVC's 2011 lineup, it also sports an impressive 40x optical zoom, Konica-Minolta HD lens, and optical image stabilizer. Most importantly, it's only $270. It pays to be skeptical about upconversion, but for the price, the HM50 might be good enough. Also check out the HM30, which records exclusively to cards.