Ive been struggling with a decision to get a new camcorder for a while. I have a Sony Z5 which I mostly love, but its lacking in lower light situations which occur regularly in the type of work I do, being dancing/event type filming.
I've never really considered myself a "professional" like I assume most are on this forum, since videography isn't my principal source of income. However, over the last couple of years I do make some regular money from it.
I bought my Z5 used on ebay (couldn't justify buying new at the time) and it has served me well. Ive looked back on ebay at EX1Rs and EX3s and anything else that rumors say are good low light cameras. Looked at the AX100 and X70... gain in low light, lose in usability...

Now I'm thinking why not just go for it and get what I really want....... Sony PXW X200, because everything else seems like a compromise.
Then I wake up and think. its almost 10k, don't be foolish.

Sorry about the back story, just trying to show my state of mind, but now for the question....

What do you suppose a formula might be for deciding what a one man videography business should invest in a new cam?
One jobs profit, one years profit?
I talked to an older guy at a concert recently and he was telling me he spent 60k on a camera less than 20 years ago and now its worse than a handycam.
We are spoilt with technology now I guess.
I probably dont need a X200 to keep doing what Im doing, but is it a good business plan to always get by with the cheapest option to just get the job done?

Yes I should stop whining about it and buy the cam I want, but its a toss up between who will win, the camera guy on my left shoulder saying, Go on, you know you want it, and the accountant on my right shoulder, saying, Don't be an idiot. lol

So anyway, really interested in any and all opinions.