Mac newbie. Cam Corder suggestions for HDD based?

I've been doing lots of research on these boards and reading various camcorder reviews (Amazon, Cnet, etc.).
I also saw this info on this site:
http://docs.info.apple.com/article.html?artnum=306171#3
I guess I am confused with all of the input.
I currently own a DV Camcorder that records to mini-tapes (I think that's what they are called). I have been able to feed these movies into imovie with no problem. But, my wife and I are eager to move towards a HDD based camera to have the advantage of simply "dragging" the video clips over and not having to sit in "real time" for movies to transfer to the computer.
I am confused about whether my new imac will allow me to edit footage from a hdd based camcorder. The link from apple above suggests to me that I would be okay. Other user posts suggests that I would not be okay.
I am looking to buy an HDD based camera to be able to import the videos, edit them using imovie (I have versions 8 and 6 on my system) then burn movies using I-DVD (latest version).
Am I good to go with this plan? Any other suggestions?
Thanks.

Don't bother with a Harddrive camcorder. Alot of people make the mistake of buying one of these then regret the purchase. You want to record to tape as a backup. Look at systems like Focus Enhancements Firestore. With this you can record to tape and a harddrive at the same time. Then you take the firestore hook to the computer then drag the files over. These systems record the files so final cut pro and other edit programs understand. With harddrive camcorders they record in an mpeg format that is much more compressed than units like the Firestore. With Firestore you have several file types to choose from, like raw DV, AVI, Quicktime. These are the files that you really need to edit with. You also want to use Firewire (IEEE 1394) or as sony calls it iLink for transfer of files. USB2 is too slow for working with video, to many dropped frames because of slow transfer rates. Firewire is the only way to go. If your current tape based camcorder has firewire your half way there. Do more research don't make the mistake that countless others have made.

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Except it also will measure income, so I can know how much I have done/expend this month, week, etc.
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2012-12-20:expense:milk-z:5.0
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Message was edited by: EZ Jim
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Message was edited by: LTrain
Message was edited by: LTrain

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Mac newbie. Cam Corder suggestions for HDD based?

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