Looking for the definitive answer on what Camcorder to buy!

Hello folks, I could really use your help.
I'm an avid Mac user in the graphic design world, and have an iMac as a home machine. I'm going out next week to buy a Digital Camcorder so that I can begin working with home movies of my family and such. I'm new to the camcorder world, and have discovered a wealth of information regarding the cameras available...and as a result am more confused than ever.
What I'm looking for is a Camcorder with a price tag not much over $600 that will allow me to shoot good indoor & outdoor video of my family and children, and that is easilly compatible with my iMac and the newest version of iLife on the market. I want to create DVD's from this, and store our home movies this way.
Can anyone tell me what camera fits all of these requirements? I'm looking at the Canon Elura 80 which I've found good things about, but would really like to hear from some of you with experience on the subject.
Any input or suggestions would be tremendously appreciated. My thanks in advance.
Chris Zimmerman

You may want to join this thread:
DGIL, "What video camera to purchase??", 11:05am Nov 7, 2005 CDT
Although, that poster's budget is higher than yours, there are some good advive.

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