I saw a terrible review of one of the little camcorders that burns straight to the mini DVD discs inside the camera... basically it sucks.
mini DV seems to be the best out there. I wanted to wait for some consumer HD camcorders out there but nobody's making/selling them yet.
Get image stabilization and low-light, go for the biggest lense you can find, and look at optical zoom, not digital zoom.
If you're gonna do a lot of video editing, get one with the digital output like firewire so you can plug it straight into the computer to download the vid from the tape. Macs are awesome for this, but you want to make sure your camera works with whatever vid editing hardware you have (pc or mac, firewire vs. usb vs. analog, etc)