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What's a good HD Camcorder that's Mac Friendly?

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I am looking to get my first HD flash camcorder to upgrade to my 6 year old Panasonic MiniDV. I want something good quality but still easily compatible with iMovie and Final Cut Express. I heard most HD camcorders record in AVCHD format and it will need to be converted first before dropped in iMovie or Final Cut? Can anyone confirm this? What brands to look at and stay away from? Thanks!
 

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