The 800 pound gorilla is...
"So what did I get a HD camcorder for?"
Optical disc in the form of DVDs is only one way to store video for playback. With computer and "media center" and other methods of storage and playback, I am skipping the next round of discs.
After the editing is complete, you can save the vide project files as computer-readable files like h.264 that will be in high definition. Many HDTVs have a VGA port to which you can connect a computer. Using the computer as the "playback deck", there is no need to burn a disc. Store the video files on a Network Attached Storage (NAS) device. In this case, you could store the files to flash memory, but that is expensive.
Devices like the AppleTV unit or even a MacMini can be the "media center".
This also brings the flexibility and cost effectiveness of miniDV tape back into the picture - though this does not apply to you... When the editing is compete and the various exports and renderings are done (at least one computer readable and one for regular DVD players), do one more - export back out to the miniDV tape based camcorder. This tape copy can be used as an archive or as a playback method (not both). For playback, just use the camcorder as the playback deck. at around $3 per tape and each tape capable of holding up to 63 minutes of 1080/HDV format high definition video, or up to 44 gig if it was on your computer's hard drive, it continues to be a cost effective off-computer storage mechanism.
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