DVC Pro tape recording times

[half man half centau]

I've never used DVC Pro tapes before. I am interested in buying the Panny HD cam when it comes out. I've heard that it may use tapes or may use P2 cards or both.
Assuming it will at least use tapes, I don't think I understand the recording times. At tapeonline.com, it says a 66 minute tape will be 16 minutes in HD. Is that right? A $16 tape will only record 16 minutes of HD footage? I've heard that HD is roughly 4x the size of DV, and I guess it makes sense. Will it be similar to miniDV recording 60 minutes vs. miniDVCam 40 minutes or even 2 hrs. Hi8 vs. 1 hr of D8 on a Hi8 tape?
Am I understanding this correctly?

[half man half centau]

I can't believe I missed it, but there's a simple explanation that answers all my questions right there. Sorry to have bothered you all. I'm not so smart about technical aspects of cameras, tapes, and computers. I usually just decide what equipment to buy by trying it out first, not by technical specs.

[thisiswells]

It is terribly confusing. Let me summarise:

DVCPRO tape can be recorded one of three ways, DV25, DV50, and HD and come in three colors.
DV25 tapes have a YELLOW lid and run for the length listed on the tape in a DV25 camera.
DV50 tapes have a BLUE lid and run for the length listed on the tape in a DV50 camera.
HD tapes have a RED lids and run for the length listed on the tape in an HD camera.

Here's the simple part: They are all the exact same tape. The only difference is in the color of the lid. The confusion comes in when you use (for example) a YELLOW tape in a RED camera.

Basically, they all start out at the YELLOW number. For a BLUE camera, you divide the record time in half. For a RED camera, you divide the record time by 4x, just like you thought.

The only difference is the color of the tape. Hope this helps. Sorry to be long winded. This has been discussed heavily here: http://www.creativecow.net/forum/view_thread.php?threadid=794189&forumid=120&postid=111199141281930

brian wells

[half man half centau]

Thank you. I can use all the help I can get.