I recently got the HMC40 and I don't need a state of the art microphone for it, just one that is stereo and preferably also directional. I ordered the Azden SMX-10 and I got it today, but I'm not too happy with it. The sound is decent, but there's also a very evident hiss compared to the camera mic. Since I paid $65 for it I guess you could say "you get what you pay for", but sometimes you can get cheap stuff that still works pretty good for you. Does anybody have any advice on a decent and cheap shotgun microphone?

Thanks

There's always the Rode Stereo Videomic. I believe there's a thread on here about it that popped up recently. You should take a look.