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4. Inbuilt memory or external?
Many camcorders come with internal memory, but some may not come with any memory at all. It is always the case that the ones with internal memory are a lot more expensive than those without. The point here is that if the camcorder does not come with any internal memory, there is nothing to be alarmed. It can be easily seen that if you simply buy a memory card in a camcorder without any memory, it is found to be a lot less expensive than the one with the same amount of internal memory. 
The only thing to keep in mind here is to make sure you buy a high speed memory card such as the SD HC Class 4 and above. The class rating of an SD card indicates the speed at which data can be dumped onto it. So, a Class 4 card supports 4 MB per second, which is sufficient for most purposes.
5. LCD display and viewfinder
After proper adjustment of white balance, the image colors on the LCD screen should appear to be the same as that of the subject being shot. The LCD should be bright enough to be viewable in broad daylight and if that is not the case, or in any case, it is always better to have an optical viewfinder as well. An optical viewfinder is also beneficial as it helps save battery power, especially when you are going on a trek where you cannot hope to recharge the batteries.
6. Zoom: Optical or Digital?
Pay attention only to optical zoom; digital zoom can be safely ignored, so we won't mention it any further. Do not be awed by high optical zooms as zoom levels above 10x are generally useful only when the camcorder is mounted on a tripod. And in case you still want optical zoom and are going to use a tripod, it is useful to have optical image stabilization as well.
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