Camcorder FPS ratings?

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I’m looking for a excellent HD camcorder in the $500-$1000 range. I’m confused over the FPS ratings. I know what FPS means, yet it appears that 60i is nowhere near as excellent as 24p. Is this right? Is there such thing as 60p?

According to Canon, their Vixia HD camcorders have a 24p mode that looks like film. Is this the top of the line for my price range?

Thanks.
I found out that Canon’s 24p mode is shot at 60i. I reckon now I’m just slightly more confused.

“24p Cinema Mode enables all aspirant moviemakers to achieve a professional “film-look.” You can change the camcorder’s frame capture rate to 24p (recorded at 60i), which provides the appearance of the same frame rate as show film. In addition, you can use the camera’s CINEMA setting, which changes the color and tonal characteristics, evoking the look and feel of a show shown in a theater. For extra flexibility, these settings can be used collectively or independently.”

1 Sony HD HDV tape HDM-63VG Canon Vixia HV30 camcorder