I think there are many good and not so expensive Camcorders that would do the job now. Last year I used a Canon which had a jack for an external mic. That broke, twice! And had a slight hiss. So we bought a Panasonic HDC-SD60 FULL HD 1920 x1080, which, if you have a look at these two recordings (on the lowest quality settings, the best quality is about 50% better than what you see on YouTube) I made, you’ll see and hear that the quality is pretty good. No hiss and good pic quality. I’ve only made 5 recordings so far but I think you can see what I mean. Ithink they are about £150 /$240 now.