I'm looking to invest in a video camera and would like to find the best possible match for my brand new MacBook. I will more than likely just be using the newest version of iMovie and really want something that will work seamlessly with what I have.

I have looked around and found a lot of people with a lot of different suggestions and was wondering if I could get a few more.

I'm trying to keep the budget around $500 or less if at all possible.