What should i look for in buying a good but affordable camcorder and where is the best place to buy it? ebay?

I would like to make nice (though amateur) movies. thanks for your help.
Answer
Ebay is nice , but you need to be a smart buyer, knowing how to sift through the sellers. make sure you buy a camera with an lcd display. watch out and look for: as is no returns all sales final refurbished excessive negative seller feedback dealers and the all known well, "if it sounds nice to be true". research the model number on google or yahoo, and do your homework. wait for the last minute to bid, (last 15 seconds) or you will bid against yourself. a private seller offering a return of 7 days will be nice , all you lose is the shipping 2x if the cam is a lemon. look out for fake cameras going cheap, i saw 1 for sale today, a china sony copy! the link is below. btw, i am a professional buyer!