Digital camcorders have been rapidly falling in price over the past couple of years. As you get into more and more sophisticated equipment, camcorder prices just keep going up. Any analog camcorder is already outdated. New computers have the capacity to do amazing things with video, but you have to get it into a digital form first. A digital camcorder records it this way and can also convert analog signals to a digital form.
Most experts agree that the future of home video production is definitely digital.
Additionally, digital camcorders offer better sound and a much higher resolution than analog models. If you buy a digital camcorder, the first thing that will be outdated is the storage medium. Most of the models on the market today record on video tape, while more and more models in the future will record on DVDs and similar mediums. But today's camcorders should keep pace with accessory technology for many years in the future because as soon as you can download the information to a computer, it's stored as bytes on a hard disk, which will the dominant form of computer data storage for some time. This is now the interface standard for digital video.