Typically, LCDs are 2.5 to 3.5 inches. Obviously, bigger is easier to look at, but large LCDs eat up more battery power and can be more difficult to handle in tight spaces. Many digital camcorders come with features that help eliminate the jitters from your footage. Digital stabilization tries to do this by correcting for the erratic movement of the subject being recorded. The other type, optical stabilization, compensates for erratic camera movement.
Experts differ on which one is superior.
The best way to decide is to look for yourself. Indeed, the final and perhaps most important consideration in selecting a camcorder is visceral. But you want to go to a retailer and get your hands on them to see how they look and feel as well before you decide which one to buy. The computer is where you'll do your video editing. Because digital data chews up memory, you'll need a substantial system, but certainly nothing extraordinary.