Replying to Digital Camcorders help...

Yes thats right... Im really thinking I want a digital camcorder instead of a digital camera now, i had my eye on the Canon Powershot A70 for a long time... but now i really want a digital camcorder... so I really need everyones help, whats the best camera that I can get for $500... im just saying $500 because im a cheap bastard, but anyways i really dont whant to spend more than $1000 so can i get good quality picture for say little newschoolers.com clips that you can see really well for the price of $500, and still make some movies, im looking to spend $500-1000,
please help me out,
-Nate

Member of the, 'lets help Sam loose some weight so he can possibly get a girl Club'