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Digital video cameras now come in more flavors than ever, ranging from $30 disposables to pricey models that record to DVD instead of digital tape. But for artful documentation of family fun, the sweet spot belongs to midrange cams, priced as low as $300. Thanks to tech advances—and free editing software—any kid or parent can indulge a filmmaking jones at modest cost, with great results. Our director's guide:

STICK WITH SIMPLICITY Basic models from top brands like Sony, Canon and JVC deliver color quality that's just as good as higher-end alternatives. Forget costly features like internal storage or manual audio controls. For the price of an iPod, you get an excellent lens, powerful zoom and bonus goodies like picture stabilization and night vision.

EDIT LIKE A PRO The software that now comes with most computers—iMovie HD for Macs, Movie Maker 2 for PCs—is truly amazing. With iMovie, even a novice can reorder scenes, add titles and set up a sound track. Mix in photos and music from iTunes and iPhoto or deploy sound effects from Skywalker Sound. Movie Maker boasts similar features (if not as elegant an interface).

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SHARING When your video is done, you can burn it onto a dvd or share it online. At streamload.com you can also store videos—no need to buy an extra hard drive for your video library—and easily e-mail them to family members and friends. The basic service is free, or $100 annually for heavy usage.

Short Takes
Cheap and Compact
At less than half a kilogram, the JVC GR-D250 is 30% smaller than previous models. It has a handy digital battery monitor and is just $300

The Magic Button
On top of its Super NightShot feature for low light, Sony's DCR-HC32 (about $400) has an "easy" button that switches the cam into automatic mode

Looking Sharp
For about $300, Canon's ZR100 includes a wide-screen recording mode and an advanced optical zoom for effective close-ups

Get Miked Up
To boost sound quality, pick up an add-on microphone. Basic models from Sony can be had at amazon.com for about $50. At the higher end, try the Rode VideoMic, which yields rich sound for $149

Stand Up for Your Sights
It's hard to film a long event while steadying a camera with your hands. For $30, the Sunpak 7001 DX Tripod (bhphotovideo.com) helps simplify and stabilize your shots—and save those tired arms

• Jeremy Caplan
• Indulge your inner filmmaker with cheap, full-featured digital videocams