I have the JVC GR-DVX48 , which is exactly the same as the 55U, but the model number is different here in Australia.
I've had the camera for a few months now and have been quite impressed by the quality of picture and ease of use in the camera.
I've had no problems with reliability, and JVC in Australia are always at hand to answer any stupid questions I have.
There is one thing which I utterly HATE about this camera though. I believe it's rated at 0.5 lux, and am not sure how much different a 0 lux rating would effect night shooting - but the camera performs poorly in low light conditions. Low light conditions being night time shooting under street lights. The camera doesn't seem to hold focus very well when it is dark and seems to get confused, and keep switching between being in focus to out of focus.
I was hoping i'd be able to attach an external light for night use, but there aren't any available for this model. Many JVC cameras have a socket on them called Info shoe, which allows easy attachment of external lights and microphone - for some reason this model does not have that socket. There are some info shoe adapters which can be put on this kind of camera but the JVC website said they can only be used for the external microphones, and not to be used for external lights. Although I would much prefer if this camera had a bit better capabilities at night, as an external light would be a hassle and not give me the natural effect I want.
Adding to that, the Nightscope function is complete and utter... I guess it is ok if you stick it in a tripod and are shooting something which isn't moving. Nightscope drops the frame rate to 3fps, and even then it doesn't improve lighting that much at all.
Besides the lack of night shooting capabilities, it really is a great camera.
If I had a choice again, I would go for the Sony TRV-15, which is a 0-lux rated camera, and also the night vision works properly (although making the image appear green).
But consider the fact that I haven't seen how well the Sony performs at night - so maybe I am just asking for too much when it comes to shooting at night.