I would partly support Raju, it's useless to buy a camcorder now. But it's useless to buy a DSLR as well.

DSLR with a good lens would costs you around 40-50K or more. Unless you are a professional photographer or hugely hit by photography bug I think its no use to buy a DSLR.
I would suggest you to go for a good digital camera that supports HD recordings.

I am suggesting these types of Digi cams (link below)

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