I realize this is an old thread, but it seems the most relevant, so I hope you folks won’t mind me reviving it.
I shoot concerts pretty much exclusively, and Micah McDowell’s point is very accurate – you need multiple cameras. These days, I’m shooting with five cameras…by myself. Here is one I shot fairly recently. I had a wide camera set up dead center to capture the whole stage. That was a go-to camera if everything else failed. I hand-operate two cameras, a Canon HF-S100 set medium width to capture an alternate view and my Canon XH-A1 main camera on my best tripod to get close-ups. I have two other HF-S100s on remote pan-tilt heads to get additional alternative angles. I monitor four of the cameras via a quad-split device normally used for security video (I don’t need to monitor the wide-angle shot). I’m constantly adjusting the two main cameras, and less frequently adjusting the two pan-tilt ones. Good pan-tilt systems are way out of my budget, so I never use them for moving shots.
I always get a board feed, supplemented by a pair of audience mics on a very high microphone stand. But I also always record audio on all of my cameras – mostly to for syncing the video, but occasionally it has saved my bacon, especially if a chatterbox has stationed him or herself near my audience mics. The cameras I use all have manual audio level controls, and the sound can be surprisingly acceptable as long as you place the cameras carefully.
I shoot in HD on all of the cameras, bringing them into my editing program to synchronize them (manually – I’ve never gotten the PluralEyes demo to work.) I make an SD proxy of all the cameras to be able to edit them on my laptop, but finish the full show in HD and put HD samples on YouTube.
I don’t want to reveal all my tricks, but I have produced a pretty impressive work-flow if I do say so myself. For instance, recently I shot two two-hour shows in Chicago on a Saturday, traveled on the red-eye, and shot another two two-hour shows on Sunday in Kansas City. And I delivered all four finished HD masters in a week. And all my equipment to do this fits into a backpack.