I am a newbie in research mode trying to figure out the best way to go as far as a camcorder with good audio-preferrably one with external mic inputs and manual audio control. I will be setting up lights and maybe a chroma key muslin backdrop in my living room to shoot some acoustic guitar videos I would like to post on Youtube. I may also be recording some club gigs for the southern/classic rock band I play with on occasion. Would using a medium-lower end camcorder ($300 range, like the Sony DCR-HC2 with a beachtek XLR adapter with phantom power work just as well as something like a Canon HV20 w/ built in external mic and audio control? Would using Studio Pro Cuts software allow me to save money on the initial camcorder purchase? PLEASE HELP!!!