I've owned this Sanyo HD Video Camera for a couple of months now and have used it often. I chose this camera over similar ones in this price range because of the features of the Sanyo HD Video Camera and I have not been disappointed. Easy to use once you get to know the menus, and though not perfect by any means it is just right for my needs for an everyday cam. Read the review on CNET for a good overview of all the features and abilities of this camcorder.
I've managed to tweak a fairly decent picture quality by following the advice of the other reviewers here (thank you) and so far have had no problems with it. Very pleased overall, better than I was expecting in fact.
With the optional Sanyo HD Video Camera component cable you CAN watch your vids in hi-def.
I have not yet found a battery with longer life than the one provided, but I am still looking... if anyone knows of one, please leave a comment here. I would appreciate it.