Is this a good budget video camera?

A good quality digital video camera in my budget? (read info)?

• I would love to create videos and sort of "train" myself to be a director. I'm only 15, but I'd like some good gear to get a head-start with. My mom got me a new camera this past Christmas (because my little 1st gen. Flip camera can only do so much...) but the quality is still not very good. It even said it was an HD camera and well... I don't see what's so high-def about it... It's a Vivitar DVR 947HD camcorder. Unless I somehow don't have it set up right, which I'm pretty sure I've tried everything, it has terrible quality. So, if I return this camera then use that money to get another, (and I don't know the price of it...) I'm gunna say I have only $200 maximum to spend on a video camera. What's the BEST quality camera I can get for that amount?

• Answer:

  The iPhone has an hd camera with auto stabilizer on it. And since it's made by apple you can put it on final cut pro more easily