After reasearching this unit and comparing it to others, I chose to purchase this one. Overall I am happy with it. However there are some aspects of the camcorder I wish were different, but for the price I can't complain. Yes it is true the camcorder does not like other disks than Sony, but it runs just fine with any other disks as long as you format it beforehand. The zoom is excellent, and compared to other camcorders around the same price it was the best at 40X, which was one of the main reasons I chose the Sony Handycam. As far as the limits I read about on the video editing, just don't download the sony software on your computer. I have had no problems just using other software for editing, and I have had no issues in downloading the video from the disk to my computer. My only actual disapointment is that the mic on the unit picks up the sound of the lens zooming in and out. The noise is heard only in complete silence, so if there is other audio durring the time of the zoom, there is no problems.
Overall I am glad I purchased this product, and would recommend it to any one looking for a decent camcorder for around $400
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