We have our first baby due in November and we really want to get a camcorder. I was considering the Panasonic SD60. I already have a DSLR, a Nikon D40, but am considering selling it and using the money I would've spent on the camcorder and buy a Canon 550D instead. Reasons For Canon 550D: The video footage, from what I've seen, looks absolutely stunning. My brother has a Canon DSLR and so I could use one of his many lenses. It would meld two devices into one i.e. video and stills. Reasons Against Canon 550D: It might not be point and shoot friendly i.e. when my wife wants to use it. I only have a MacBook (Core Duo 2GHz 4GB RAM), so I'm not sure if it could handle the video editing? This is a pretty important one so any advice would be greatly appreciated. What do you think? Go with the camcorder or the 550D??