Don't forget to check out the new flock of HD camcorders that are starting to flood the market, too.
There are so very many choices in video cameras these days, from microscopic cell phones to miniature, small, medium, large, and huge tape format camcorders, as well as DVD camcorders and hard disk camcorders that don't use tape, to HD format camcorders. You have optical (better) and digital image stabilization, 3-CCD camcorders, and camcorders that can shoot in 'progressive scan" mode (great for extracting stills from video).
How much image quality do you want? How much manual control? Everything is a compromise--quality and features cost money, size, and weight. How do you want to use it--to produce professional-quality edited video programs, or just to fold out the screen and watch reruns of your friends playing in the powder? The disk camcorders are great for instant replay, but the compressed video is poor for editing or stills. HD camcorders require computers and software with enormous horsepower for editing, but of course, they produce great video.
All things considered, the best compromise I've found, for my own purposes, is the Panasonic GS400, endorsed also by Mammothsnowman above. It is a standard mini-DV 3-CCD camcorder with optical image stabilization, a very good lens, excellent manual control (for a small camcorder), and can shoot 30 frames-per-second progressive scan video (the few Sony's that can shoot progressive scan only shoot at 15 fps). It is small enough to ski with on a strap around your neck, although you'll definitely know it's there--it's a lot bigger than some of the truly miniature camcorders out there. It's a very highly-regarded camcorder that has become a bit of a legend in its niche.
Unfortunately, it is also no longer available new, and it's extremely hard to find even used on eBay. Its replacement, the GS500, is a mere shadow of the GS400, with most of the great features and capabilities stripped out. On the other hand, it is a little smaller and less expensive, and if all you want is very good quality standard digital video without the manual and high-end features (and expense, weight, size, and potential complication) of the GS400, it may be just what you want!
I think that the demise of the legendary GS400 foretells the future of digital video. Anything high-end is likely to be HD, and standard DV will soon go the way of VHS.