Pros: Excellent picture quality and daylight performance - colors are quite accurately captured. IAF works very well in typical lighting conditions. User interface that is easy to use.
Cons: Does not record video at full HD on latest class 10 Sandisk Extreme III SDHC cards even though canon requires "class 4 or higher" SD cards & specifically recommends Sandisk. Low light performance is average. Lens cap rattle.
Summary: I bought this camcorder two weeks ago. It works as advertised. Be advised the 1.7 zoom feature cannot be activated if the camcorder is recording. BE WARNED - batteries are very expensive ($120-$225)and must be special ordered. Several sites offer discounted batteries but do not have them in stock.