Tapeless Digital Formats
True high definition video production is a tapeless format. This entirely new process for those coming from standard definition video production means a completely new flow through the post-production process. The video files are formed is entirely different from the solid video track recorded onto a DV tape. Instead, each clip is isolated into a specific digital file determined by the camera used.
An example of this is the Panasonic P2 card format. Here you record onto digital storage cards called P2 cards, and once you are done filming you insert the P2 card into the card reader that is plugged directly into your computer's USB port. You log and transfer the footage into your video editing program, which will need conversion in Final Cut Pro and will be native to Avid Media Composer.
In a general sense, this streamlines the process and allows the footage to be ingested and portrayed exactly as the camera captured it, keeping the entire process digital without any scanning or capture. This does require you to be even more concerned with media management as you will not have tapes to capture and catalogue, but also gives you options for playback and file checking on set.
HDV is a tape-based HD format, but it is at the lowest spectrum. Many indicate that this is not high definition video production in the way that most understand. It also requires a special tape deck for capturing the footage, which is a little more difficult to find for this middle ground format between high definition video production and standard definition.