then you're gonna need to pay a bit more steve. i don't know what your definition of cheap is, but my last camcorder was a grand?
personally, if going for a camcorder i would never have anything other than a sony because i have had them before and think that thay're top notch.
i would be going for a hard drive bi def bugger, but i guess you don't want to spend that much, but how about something like this?
http://www.amazon.co.uk/Sony-DCR-SR3...4620917&sr=1-3
have not tried it personally, but it looks a good spec. for the price of less than £300, which is cheap in my book