After doing a lot of reading up on Amazon and in the German consumer magazine, Stiftungswarentest, I bought a Sony DCR-HC96 last week. I bought it new from a shop on E-bay and paid about 550 (before tax, and including extras and postage).
www.preistrend.de lists this item starting from just under 550.
I'm still playing around and getting to know it, so can't report properly on it yet, but am quite happy with it so far. The "rival" camcorder was a Panasonic one - check out the Amazon reviews on .com and .co.uk.
One thing I didn't know about Camcorders, or rather the mini-tapes, is that Sony produces tapes with a wet lubricant and Panasonic (and others) with a dry lubricant. There are a lot threads on this on various camera forums, and the general consensus seems to be that swtiching brands is a big NO-NO, and preferably stick to the same brand and type.