Canon VIXIA HG20 AVCHD 60 GB HDD Camcorder with 12x Optical ZoomI got this camera today, I wanted to get HG10 as it is cheaper, but I went with this one as it has higher Hard Disk capacity with small price difference.
The first test video taken was indoors and with low light, I noticed lot of dots in the frame, however, after setting the AWB to indoor and exposure to low light, the video looked much better, then I tried the sport setting with 24p and the video was impressive!! I hooked the camera to my 40" HD LCD TV, and the colors and sharpness are breathtaking!!

One tip is to use the P (Programmed AE) setting with different selections of White Balance, the LCD screen is clear enough to make a quick decision on the fly to pick the best selection, I used 3 different settings walking in day light, then on a shady area, then inside a shop.

One thing to note that the battery works only 2 hours, Canon offers better battery with 4 hours duration priced around $100.

You also need to read the pros and cons of the video codec, there are lot of information on the Canon HG10 reviews, and very useful. In general the higher the frame bit rate and resolution, the longer it will take to process and edit the video and much longer to burn it on DVD or BluRay.

I actually found out that Google's Picasa 3 application (free download) can open the videos recorded by the camera, this tool can export any clip (or portion of it) to wmv format, once the file is exported, you can use any video editor like Microsoft Movie Maker to compress the file or change it to DivX format, etc.

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