Not Ranked
R3 is what I have been using, anything more is overkill for web and just handing files around. The 1080 is super nice on a 52" Sony HD TV though.
You need some muscle to handle the files and resolution. I use a MacBook Pro 2.8GHZ with 8MB of RAM and it gobbles the files up during transferring and editing. Its nice to be able to just stick the SD card in to transfer. They bring my Dell XPS to its knees.
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