>  1) A 120 minutes movie on a DVD takes less than 4GB, that comes down
>     to less than 35MB per minute!

Yep, and you'll notice that DVD videos are only consumer releases, since 
although they're better than VHS (which is actually the worst form of  video 
storage, they are actually very high compression.  the DVD video artifacts 
are hard to notice, because MPEG-2 compresses using GOP (groups of 
pictures), whereas I think DV is on a frame by frame basis, which is much 
quicker, and thus is (was if you're right about the ompression) more 
feasable for on the fly in camera use.  Also, there is very heavy 
compression on the audio of DVDs, I'm sure you've heard it, whereas there is 
none on DV.

>  2) Somewhere I heard the MDCam uses the same compression as DVD Video,

Well, the data size matches roughly, so that could be possible.

>  3) Are you sure its 10 minutes for 2 GBytes and not 10 minutes on 2
>     Giga Bits?

Absolutely certain.  I edit with it, data space is always foremost on my 
mind.

>DVD based video recorders for the home consumer are starting to be
>introduced. I'm sure people will accept that quality!

I'm inclined to say that DV is better than DVD, but i still haven't had a 
chance to look at DVDs on TV, so i really can't.  but once again, these 
releases are for the /consumer/ market.
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