Let the hive mind of Engadget get that for you.
"I need help! I want a small pocket camcorder but I'm not sure which one to get. I don't want to fall into the hype of the Flip because I worry two hours won't be enough. What should I be looking for when considering a small camcorder and where can I get a good quality one with expandable memory? Thanks!"
I agree about the widescreen. I think widescreen is almost as important as sound, simply because DVDs are meant to be viewed in widescreen and black bars on a 4:3 screen are distracting to me.
To me, it MUST have good sound and it MUST be widescreen. Beyond that, I'm happy.
Having said that, it's HD or bust with my next TV.