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I got my XL2 a year ago and I was torn between that and the Z1 because they were about the same price. I ended up going with the XL2 because I felt it was still a little early for HDV and I figured I could make back the money the XL2 cost by the time I upgraded. The Z1 was very tempting though and if I'm not mistaken it also has the option for NTSC or Pal shooting as well. For about $5000 it looked like a great buy.
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