yep, get a dvcam then you have the flexibility of knowing it's gonna be easy to edit, and you can always export to whatever format you like.

editing mpeg4 to any degree will be a royal pain in the arse.

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AMD Athlon 1700 (@2200mhz from 1466 sod the noise!) - 768mb pc3200 - 200GB Maxtor - Pioneer 106 - GF4 Ti4200 - twinhan/visionplus pci dvb-t - random pci analogue tv tuner - A7v600-x (to replace the a7n8x-d that died...) - random 17\" CRT
Sony STR-DE425 & Eltax c205s;
xBox w/20GB HDD- executer 2.3b;
xBox - standard;
Konica/Minolta dimage z10 w/2x512mb SD;
iRiver h340;
A silly amount of Cat-5 and usb cables