Hi. My younger brother is doing his graduation in journalism and he has been given a project to shoot a documentary. So he is planning to buy a camcorder. It will also help me as I also love making my own videos. We both are contributing for the purchase and we have a budget of around $700. I will like to know that what are the real good company when it comes to camcorders? What should be the judging factor for a camcorder? Would getting a 1080p hd recording be possible within my budget? Would like to know the answers to all my questions.