Ok, I am very new to the industry (medically induced career change) but I do like the new JVC. Horses for courses - I wanted something "pro" quality capable of producing documentary/commercial output in a small, cheap to run form-factor. The FCP compatibility was an unexpected (at least when I started the search) bonus that is just brilliant. My previous work was DV via FireWire, NOT having to waste an hour to transfer an hours footage, or transcode via MPEG-Streamclip makes life sooo much easier. Of course backups become bigger now that you don't have the original tapes to go back to, but with a BluRay burner for archiving, I think it will be manageable.