Carrying around all that electronic stuff gets old after a while. But as young as your kids are you will probably have a stroller which can greatly lighten the load. The video on a digital camera is no where near the quality on any camcorder, at least what is available now. And besides the tiny picture, it will suck your memory cards dry. That said I take our camcorder every year to WDW. Don't always use it, BUT (and it is a big but) one trip I did not take it with me and we were watching Cinderella's parade, and Alice (from Wonderland) came and took my daughters out to dance with her in the parade. Needless to say I was beside myself. And don't you know, one day I didn't take it to the AK, my girls were picked to start Pocohontes' show. Kicked myself (hard) for not learning the first time. One thing I did do was get rid of the big clunky camera and get one of the new small ones. They are really getting pretty cheap and really small. I would take it and keep it in the stroller just remember to take it with you on the rides.