OT but still digital camcorders,what one to buy

i have roughly $500+ to spend on a camcorder and i would prefer the harddrive one.....what would be a good buy and could anyone recomend one.....the formats are doing my head in also,hardrive,digitape,dvd.....headache....
JVC came out first, but the Sony($1499)seems to offer more innovation(HDD+HD capability).