Summary: I love this cam! I know it is a little dated but the only improvement I can tell is that the newer models in this range have an internal hard drive rather than tape transport, and, oh yeah, note that this is not a high def cam. That being said, the 3 CCD's are better than 1. I find the video from this cam to be more than able for almost any video work you can put it to up to broadcast quality.
Summary: I'm new to using cameras of this caliber, so I haven't really been able to put it through its paces yet. however, from what I have done so far, it's an incredible piece of equipment. Picture quality is amazingly clear on my 52' TV screen. And the quality of picture on the camera's built in LCD just blew me away. It's a great piece of hardware that doesn't receive the attention it should in today's HD hype.