If you weren't going to be partying like a rockstar in the crowd I would highly recommend a DSLR that does HD video but when you're in crowded areas and want to be nice and mobile it's hard to beat pocket camcorders. If you plan on using your video camera for future things (blogging, your own personal videos, travel) I'd definitely recommend a DSLR but I suppose there's nothing wrong a relatively cheap investment like a pocket cam.
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