There aren't many people that try to answer questions here, that know anything about these new camcorders? Those that do know something about them are most likely to be found in this forum so I moved your post here and left a redirect in the General forum.
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What really confuses me on reviews is the DVD RAM and DVD - R (I think they were the terms).
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From what I know about these terms from using my set-top Panasonic DVD recorder DMR-E100, I use DVD-R when I want it to play in a DVD player (either mine or someone else's). It has to be finalized before it it will play in a DVD player but it will play in your camcorder or my recorder before it is finalized. But nobody else can play it. Before it is finalized, you can keep adding new video to the disc until it is full. After it is finalized, nothing more can be added and a DVD-R cannot be erased. Your DVD camcorder should be able to finalize your DVD-R's by using it's menu commands somehow?
DVD-RAM is an erasable, reusable disc that doesn't need to be finalized but most DVD players can't ever play it. I am not sure where you would ever use it? Those that have a computer which contains a DVD-RAM drive (not many do) can use them to transfer video from the camcorder into the computers hard drive for editing or combining with other video to fill a full size DVD-R. The little mini-size disc's that DVD camcorders use are only about 1/3 the capacity of full size DVD-R's but they probably cost about 10 times as much as the full sized ones which can be routinely bought on sale now for around 40¢ each.
Most editing computers have firewire ports that are looking for digital video that meets the IEEE1394 standard. MiniDVD camcorders don't output that form of DV so it won't be easy to download video from a DVD camcorder to a computer. Probably using a recorded MiniDVD-R or MiniDVD-RAM would be the easiest but it might be hard to find software for the computer to do the job?
I hope someone else here can fill you in on the details of what all is involved. I have never seen or used one of these camcorders so I am only going by what I have seen others post about the problems involved.
If you want something simple to use and mail away your master DVD's to friends or relatives, this is probably the best way to go. If you want to edit, make copies, combine 3 minidiscs into 1 full sized disc, then you might be biting off more than you can chew with a DVD camcorder?
Dave