Let the hive mind of Engadget get that for you.
"I need help! I want a small pocket camcorder but I'm not sure which one to get. I don't want to fall into the hype of the Flip because I worry two hours won't be enough. What should I be looking for when considering a small camcorder and where can I get a good quality one with expandable memory? Thanks!"
I once owned an ipod mini. At one point I dropped the thing ( three feet onto a carpeted floor I might add ). After the currently playing song finished, I got that wonderful ipod frowny face. After dismantling the thing and shaking the microdrive a little bit, I knew the head shattered the platter.
Thats why for some people spending 200 dollars on something with only 4-8 gigs makes sense. I mean you may not drop your electronics a whole lot, but one time is all it takes for you to waste 250 dollars.
Needless to say the odds of me owning any sort of hard drive based player ever again are slim to none.