OK this is just a bit of fun as I respect the work that these guys do and the information they put out there for we poor mortals.
I have been traveling around the country over the summer taking videos of my son at his various track meets. I created a website and decided to add a video gallery using silverlight. The intention was to provide a similer experience as provided by the BBC iPlayer. In particular, I wanted viewers to be able to view the videos in Full Screen mode with one click. I use a Panasonic SDR-S15 Camcorder, Sony Vegas Movie Studio to edit and Expression 3 to Encode at 1Mb/s.
The Panasonic is a great little camera, lightweight, SDHC memory, and most importantly for me 10 x optical zoom. When editing these videos and encoding them for the web one very quickly realises that if you do not have the desired quality on the original then you are not going to get the desired results on the end product. If you check the Video Gallery then you will notice that the movies get better over time as I learn more. Most importantly, use a tripod for these high zoom shots.
My next camera will definitely be HD and I will look to get better than 10 x zoom. I am afraid that I can envisage an $1100 camera (UK prices really suck by the way) and I am absolutely certain that NBC will be paying a lot more than $1100 for the cameras that they use for Monday Night Football.
My point is, do not let Scott and Daniel talk you out of getting the camera you need. If you need a Smith & Wesson 45, the most powerful hand camcorder ever made then make your day.