What format camcorder for video editing. Making movies?

My 14 yr old son is into making movies. He needs a better camcorder. He makes stop motion movies as well as scripted movies with props. He edits them on his computer and some are really good, especially after he ads special effects to them.
I want to get him a better camera for filiming. Preferrably not over $600 or so. What is the best format video camera for editing on the computer and one that is good for shooting movies. It should have a spot light on it I assume for low light contitions, even though he sets up lights sometimes when he shoots. 
Any suggestions as what I should get him? Thanks in advanced.
Aranon

The HF200, along with all other decent high definition camcorders that use flash memory, DVDs, or hard drives, uses AVCHD.  And yes, AVCHD is difficult to work with for two reasons:
1)  Many software packages didn't/don't support it, but this has changed dramatically in the past year.  Apparently Windows Live Movie Maker in Windows 7 supports it.  (Not in Windows Vista or earlier.)
2)  It requires a lot of CPU power compared to what systems are currently capable of to work with, just like standard definition video did back in 1998-2000.  This will also get easier over time.
Both of the above are the price you pay for being on the cutting edge in terms of video quality.
Tape-based HD camcorders use HDV, which is MPEG-2 based.  This is somewhat easier to work with, but I would not reccommend a tape-based camcorder (motor noise, ruggedness, cost of media, etc.)
*disclaimer* I am not now, nor have I ever been, an employee of Best Buy, Geek Squad, nor of any of their affiliate, parent, or subsidiary companies.

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