Summary: I bought both cameras to compare the video and stills. Not suprisingly, the 505 was has better video quality, but not a lot. For those that expect the best (right now) get the 505. The MG37 is good too and they share the same chasis. I took video with both cameras.
Summary: A fantastic piece of equipment! The 3 CCD sensor, small size, remote mike input all add up to a very high end home-style camcorder. The low light capabilities of this are fantastic as well and the 5MP still camera, although a bit slow to focus at times, provides crisp, clear pictures.
Summary: I bought this camcorder from Fry's for $1080*** including tax as a new year gift for my parents. I tried it right after I received the package and I just love it. Everything is great except the battery included in the package can last only 30 min which is too short for a camcorder with 30G memory.
Summary: The 3CCD of MG505 does its work. The color is great and video quality is terrific even in low light. The size of camcorder is very handy and compact. I strongly recommend for the additional battery. I believe that the hard disc camcorder will be the standard soon.
Finally a camera that takes great movies and stills
16 October 2006
Summary: About 7 years ago I purchased a JVC mini-DV camera that was supposed to take both still images and video. The video worked, the stills were horrible. This camera actually does both very well. It's a breeze to shoot and review both formats.
Summary: I've had the camera for almost a week and love everything about it except the 50min battery that JVC supplies. Luckily you can go to walmart and buy another battery for $16 bn-vf707u (yes that's right and OEM JVC battery only $16). I also purchased a bn-vf714u, from another store for a little more.