Entry Level Camera + Tutorial?

Tsukimi

Hey all,

So for a long time now I've wanted to get into producing decent video footage like and now that I have the money to spend on a camera I'm looking for all the help I can get in picking an entry level camera that will take decent quality footage. The ideal standard would be that of the below video:

http://vimeo.com/13283874

I looked up the camera he used and it's quite expensive, I don't mind spending money on a camera but €900 is too much really for something that is mainly a hobby. I was wondering if someone here could possibly recommend a good entry level camera that I could get? Or failing that maybe there are good places to source second-hand cameras?

I was also wondering if anyone could help direct me to a tutorial for creating the flashing text/images effect that the photographer used extensively at the start of the above video.

Any help would be absolutely great, thanks!