NTSC camera have a higher frame rate (30 fps as opposed to 25 fps of PAL) but have a lower resolution. NTSC displays 480 vertical lines as opposed to 576 lines for PAL. There is also the problems with compatibility with TVs unless they are NTSC compatible. In other instances, this can be gotten around via RGB and a 60Hz capable TV but this doesn't really apply to camcorders which will generally only have an S-Video output. Of course, if you're going to be editing stuff, you can encode it into a PAL format but bear in mind the lower resolution. I personally have the Canon MVX3i.