I love this camera. The hard-earned cash I bought it with was very well spent.
During a week of painstaking research I happened upon this DV-camera. I had set a budget of $700 and of course the PC110 is quite a bit over this price. I felt I wanted a camera that would last well, and would deliver excellent picture quality so I splurged and hoped for the best.
What I got was better than I expected. The video quality is superb. The LCD is bright and clear. The unit is very compact, and well-designed as I expected with Sony. Using device-control and a firewire card, I can import, edit, preview and save video back to the tape in the camera. Bags o fun, and be warned if you aspire to do it, a major time commitment and steep learning curve.
As a digital still camera, it is not on par with a good prosumer model, but I find it useful to incorporate stills into video where the still is taken at around the same time as the video. The 10x optical zoom and good lens makes this a great still camera for snapshot close-ups. It has a pretty decent flash, and the big rechargeable battery allows for lots and lots of stills. USB performance is rapid.
After a month of using it, I would thoroughly recommend the PC110 to the hobbyist videographer.
PROS: It's best features are its incredibly compact form-factor, fantastic lens, menu jog-dial controller and every control you could possibly want (gadgeteers rejoice). I think you can have up to eight different cables attached to it at once. The battery supplied ("smart Lithium" rechargeable) is acceptable, but an extra would be welcome.
CONS: I received a 4-MB memory stick with the camera. This gives you room for 3 15-second MPEG videos or 6-8 stills. It is a waste of time really -- I've assigned it to my Clié. You need at least a 32-MB memory stick, and preferably a few of them. The camera makes MPEG video clips which are cool, but will only allow 15-seconds worth at the highest quality setting. No case came with the camera either.
Once you see the quality you get with DV, I'll wager you'll never go back to analog.