I took a long time choosing a tripod for my Canon HV20 camcorder, and based on much research, settled on the Velbon DV-7000. I was not to be disappointed!
This tripod is simply amazing, especially when the price is so reasonable for the features included.
It has an extremely smooth pan and tilt head with fluid joints, both with adjustable friction controls. The bubble level in the top is very useful to make sure it's mounted level. The vertical rack winder is smooth and well engaged, and the whole unit feels very sturdy indeed. The leg brace fits well, and the legs open wide enough to keep the unit stable whether fully extended or not. No shake, no flex. Large mounting pad, and buying a second pad is relatively inexpensive (only comes with one).