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JVC Released three new HD camcorders that will allow you greater flexibility in video editing.  JVC says that the GZ-HD40 and GZ-HD30 hard-disk-based HD camcorders will support both the AVCHD and MPEG-2 formats providing you with a more flexible camcorder.

The camcorders sport a few new and old features such as FireWire interfaces, new chips, and higher resolutions.  The new camcorders will range from $799 to $1,299.