I'm a bit late to this thread, but given your interest in HQ frame grabs, I'm guessing that you want to grab lightning frames from a video camera so you can eliminate the problem of pushing the shutter button at the right time.
If that is true, then (IMHO) you are trying to use the wrong tool for the job. You would get better quality of images by spending $300 on a lightning trigger and dedicating a cheap DSLR for the job. You would get much larger images, better resolution, and they would be sharper than any video frame grab.
Nighttime lightning is actually easier to grab, even without a lightning trigger, since you can just choose a longer shutter speed (by setting a low ISO) and let the lightning bolt paint an image on the "CCD film". Lightning triggers also let you do the much harder thing, which is grab bolts during the shorter exposure times you need to shoot during daylight hours.
If you have to use a video camera for your purposes, then the main thing you should be looking at is the FPS combined with image size (which is still going to be just a fraction of what you can get with a DSLR).
(The original poster has already made his decision, but my reply is for any future searchers of the forum with similar questions).