vtwiz, that was basically what I suggested. The differences in bit rates are cancelled out by resolution increases. There is a difference, and it's certainly not negligible, but it's not enough to be particularly concerned over.Doesn't quite work that way.
The differences in compression are not worth worrying about between 25p and 50p. 25p in a DSLR has twice as much resolution as 720p but refreshed half as frequently. 720p has almost half the resolution but refreshed twice as frequently. The codec is working slighty differently but you shouldn't base your decision on what frame rate to shoot on the compression differences. The results between the two are negligible and there are more important factors.
Also, don't think that because we live in a PAL country you have to shoot in 50p or 25p. PAL and NTSC relate to a colour system that does not apply to HD video when progressive. Yes, I would generally shoot 25p or 50p but for a better slow mo feel free to shoot at 60p.
As I mentioned, DSLR use a rather crude form of line skipping to downsample from their large 15-20MP sensors to the rather low red HD video we shoot. This crude dowsample gets noticeably worse when shooting at 720p.
Do a test and use what's suits best. Unless you have a camera that shoots 1920x1080 50p (top end cam) then there will always be a trade off. You need to decide what that trade off is.
No current Canon DSLR's shoot 50p/60p 1080.