I use simmilar camcorders as well at work.
If you're looking for a video camera that is powerful and has a lot of bang for its buck, choose the Canon ZR500 or the ZR800
They offer supreme image quality
A built in lens cap
an external mic option
If you're looking to see how one runs, I have a demonstration video on youtube of samplpe footage I shot with the Canon ZR500 and 800
It's a beautiful camera with a lot of bang for its buck.
Imagination and discipline are like yin and yang; both are completely different and yet without each other they are nothing.