I started teaching a video production class and I've been given a grant for a nice chunk of change and I've been looking at the Panasonic AG-HMC40's and would like to know if they work with Final Cut Express. I've read it works fine with FCP, but I'm not sure how stripped down FCE is and whether or not this camera is compatible. I've also thought about buying the low-end iMac's that were released. (trying to save money if possible) But we can go with the $1500 but just can't get as many machine's as I'd like. I'd like to get some opinion's from those of you out there.