Samsung SCX210L

I am considering this camcorder. I saw this at best buy and it is very compact. That is exactly what I am looking for. Question I have is whether my sd450 canon powershot camera takes the same quality video or not. My camera shoots 640x480 @30fps. The quality is good but in low light, it does pixalize slightly. I wonder if this would be better. I just want to justify if spending $500 is worth this. Anyone have this or used it before that can chime in? TIA.

http://www.jr.com/JRProductPage.process?Product_Id=4082621&JRSource=GAW.datafeed.SAM+SCX210L