Re: PS3+HD Camcorder+PC=Friends?
My Sony HD camcorder (HDR-SR8) records in AVCHD format which makes it a great companion to the PS3. Not only can you move the raw footage from the camcorder's HD to your computer's HD (using the included Sony program to view it on your PC) but with the click of a single button you can dump all the HD (or even SD) footage and any still images to a regular DVD (DVD-R or DVD+R) to archive the source material. And the bonus is that the PS3 can play standard DVDs recorded in such fashion using AVCHD footage in HD resolution! Therefore you can be watching HD media from your camcorder on standard recorded DVDs! (Just don't expect to get two hours of video on a single disc - but two hours of almost any home movies might be called cruel and unusual punishment

).
Obviously, the HD content on a standard DVD recorded in AVCHD format will NOT play on a standard DVD player, but if you want to drop the content to an SD recording this can be done as well (for all relatives without a Blu-ray player or a PS3.)
And I totally agree with Tony about needing a separate video editing program if you want to edit your footage and do all the fancy things like menus, music, titles, etc. The bundled software with the Sony camera is not very friendly in that regard. And while SONY VEGAS will probably do the trick the current "hot" program for this is
Ulead's VideoStudio 11.5. It's one of the few programs that will not only intake AVCHD and create an edited product but will then output AVCHD as well (records either on SD DVDs or Blu-ray - although I don't have a BR recorder yet.)
Beware of a lot of other products (Roxio 10 is a big culprit here as are other editing and authoring programs) that claim to be "HD capable." That's really misleading. They can usually read AVCHD into their programs but the final product cannot be output to AVDHD so what good is that? They say that this will "probably" be a feature in Roxio #11 but that doesn't help you now.
FYI: Amazon has been running a special price on Ulead's VideoStudio 11.5. ($129 list, $59.95 last time I looked.) Additionally, on the ULEAD site, you can download a trial copy of Videostudio that's good for 30 days to try before you buy. Also, ULEAD has been absorbed into the COREL family of products. I don't know if that's a good or bad thing but at least it has a big company behind it now.
HD movies on a huge screen (mine is 110" from my JVC projector) looks remarkable. I never thought there would be such a great picture from such a little camera. Also, since my camera came out there are now "full 1080p" (1920x1080) camcorders. Mine maximizes at 1440x1080 but it's still as good looking as HD TV to me. If I were buying today (I bought last summer) I'd probably look for full 1080p as long as I didn't have to sacrifice lens quality or other features. Shop wisely. Either way, this blows away SD camcording.


I hope some of this helps.