Need your advice on buying a digital camcorder

It's crhistmas!!! and i have manage to save a little money, 350 to be exact and i want to ge t a digital camcorder.
I am asking for your advice about what to buy.
I also need recommendations on specifications, i don't know how the digital camcorders save data, and the capacity, also the hours i can record.


Thanx for your time and help.

Two things I can recommend

1-MiniDV
2-Open Boxes at Best Buy

This is what I bought and I'm very happy with it. Took it to Vegas and the DVDs I made from it look and sound OUTSTANDING!

http://www.walmart.com/catalog/prod...&dept=3944&path=0:3944:172480:3991#long_descr