What format should I use to archive camcorder videos.

I've seen many different variations of my question on the forums, but nothing answering all my questions. So, here goes.
I have a minidv camcorder and I've been ripping the video to dv files using imovie hd 6. I then put together the clips that should be together and tell imovie to convert those clips into one. My question is the format. I have been using dv, but for an hour minidv tape, it's over 10 gig. I then copy these dv files to my external drive and back them up with mozy.
My question is what format "should" I be archiving them to? I plan on keeping them forever of course. And there might be a day that I go to mess with them, maybe add some effects. I'm no video editor, but I'm finding that the mac has such awesome (and easy for a beginner) tools that I actually want to mess with video.
There are so many formats, but I don't want to lose quality to save hd space. If I were to convert them to mov or mpeg4, would the quality be as good. What about size, would the size be much different?
Sorry for the large post. I'm a little lost when it comes to this stuff, but I'm trying to learn.

Cool, thanks. I had a feeling at least one person was going to say that, but I wanted to make sure. With the price of external hard drive's dropping like they are, and mozy being so cheap, might as well use the space and keep the quality.
Thanks again...

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