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Camcorders What To Buy ???

I am looking for a camcorder
I want to be able to do everything with it.
I cant afford tyhousands of dollars
but a few hundred.
The range of products & companies out there is wide
My choices are difficult.
I am looking for a way to earn a living
& am teaching myself everything
with no help from anyone
so my dilemma is:
I currently have no income
Dont want to make a huge mistake buying something
that isnt going to last a long time,
be up to date,
bePC compatible
Night shot
8, Hi 8, VHS ???
So fgar it seems like the Hi 8
could be what I need
But where t get the best deals??
Any body have any working knowledge using a cam to make an income??
Any help or suggestions will be really appreciated
All options will be considered
Thank you Everyone...
Seasons Greetings to You One & All...
BJewel