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A high end mini dv cam is still better than an entry level hd cam. Other things to consider are the number and size of the ccd(s).
Also, to transfer your video from the camcorder to the computer and have it remain in HD, you need to use Vegas or Premier to edit with, which will easily add another $500+ to your expense. It's gonna be very resource intensive, so make sure that computer is powerful.
The footage cannot be stored on a regular dvd, so you will need hd or Blu-ray discs (and of course the appropriate burner)
I'd wait till other companies get their products on shelves, so that you have a variety of cameras to compare and choose from. Each generation will improve upon the past, and you will end up with much more value for your investment.
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