HD Camcorders - let the price drops begin!

I've been waiting anxiously for a reasonably priced HD (high-definition) camcorder. While the Sanyo Xacti VPC-HD1 camcorder isn't due until March 2006, the price of $799 USD bodes well for more HD Camcorders and similar pricing in the near future. Although the recording time on a 1GB memory card is rather mediocre at 21 minutes (double that for a 2GB encoded in MPEG-4 format), I can only hope that this foretells the arrival of more tape-based and hard-disk-based HD camcorders, hopefully at a similar price point. I say, if you build it, I will buy! Maybe 2006 will be the start of the year of HDTVs and HD camcorders! At least I can hope...

Edit: Despite my hopes, the Sanyo model is garnering disastrous reviews for its supposed HD video. Oh well...