Well, of the two models originally posted (Canon FS100 vs Panasonic ???), I would say either the Canon FS100 or one of the flash memory Panasonic models. The only bad thing about the FS100 is electronic IS instead of optical. (But the Panasonic standard def flash memory units might be better.)
Given the choice between flash memory and hard drive, I would always reccommend flash memory. The two camcorders in question had a LOT of other differences other than flash vs. hard drive.
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