Hi Steve,
Best choice will depend on what you need the camera for and how important is to edit a given format quickly and natively.
AVCHD gives 4:2:0 colour sampling as DV PAL if you are in PAL land.
If you are in NTSC land then colour sampling for DV NTSC is 4:1:1
4:2:0 colour sampling delivers same colour resolution as 4:1:1 but with different pixel's patterns.
With AVCHD you don't need to rewind or fast forward and can download material quickly but once converted to ProRes it will take a lot more space and you may want to use a FW800 or better eSATA to edit.
AVCHD is still a very compressed format and some cameras may not deliver the best image sharpness on fast movement, nevertheless if you fancy higher resolution than DV you might decide to go for it.
DV is still an option and I still believe that cameras like the Panasonic DVX100 can be a good second hand investment. Quality doesn't only depend on the format but lighting and lenses and skills of course, learning how to use the DVX is good basic training to pro cameras, should you get into that in the future.
It will be still a little while before DV becomes obsolete but certainly the market is overloaded with all these new funky, tiny, cute HDD consumer cameras.
My suggestion is to hire an AVCHD and a DV camera that you have in mind and do some tests (edit,compress,send to DVDstudio) then buy, because people have different opinions and needs and only you know what you need.
Hope that helps,
G.