You need to be aware that video CDs can be recorded in either VCD or
SVCD format. VCD gives very poor quality. SVCD gives good quality but
you can only get about 20 minutes of video on a CD.
Insofar as what miniDV camcorder to get, I would suggest that you look
for one with DV-in and analogue pass-through. This will allow you to
capture analogue from your old analogue camcorder as digital on your PC,
via your new camcorder. Once you've done that, you can create VCD or
SVCD CDs, or (if you get a DVD burner and your DVD player supports DVD-R
or DVD+R) on DVD. Video DVDs produced in this way will give you
relatively good quality disks with up to 57 minutes per DVD.