HD or SD? In some ways its an easy choice to go with HD... newest, best, very pretty shots. Since I am in film school yet, I have access to lots of cameras HD and SD so I have seen the good and bad of both. It still comes down to shooting the frames and you can get bad footage either way. Right now there is no easy way to deliver HD footage to a dvd world. Properly shot SD can look very nice, especially when it is delivered to a DVD format. I have seen many a project shot on an HD format and when it comes time to deliver it for viewing the project crew realized that all their work went to a down rezed SD format and that really good SD looks just as good when projected. Look to your real needs and what you will be doing with it. My XL has shot footage that has been broadcast on stories that have been seen on national news and nobody has complained that it was SD, but maybe that will all change by next FEB. In the real world most video is so compressed that none of it looks as good as the original tape. And I don't even want to go into all of the horror stories about the P2 cards losing data and complete scenes from movies.