Not into camcorders myself but assume you mean Digital as opposed to analogue?
Agree with you about how many are on the market but if you click here
it might give you a better idea of what is available in your price range. In my opinion ease of use, and optical zoom (not digital zoom) would be two criteria I would look for. Also does it come with all the stuff to get it transferred to your hard disk to enable you to put it on to CD/DVD?