I enjoy the features on the camera. The effects are done very easily and you can be very creative.
The camera is light and the screen is extremely viewable. Kids love it when I turn the screen around and they can see themselves being taped.
The connection via the I-Link to a computer is a piece of cake and the way the Firewire connection lets you take digital stills from the video tape picture itself totally nullifies the need for the memory stick. I cannot say enough about how cool video and picture editing is via the I-Link (firewire) connection. You can actually control the video camera from the computer screen (FF, Rewind and play without touching the camera, just click on the screen, and get digital still pictures straight from the tape). If you take a lot of closeups and nice shots on video you can save them as digital stills extremely easy after connecting to a PC. It is true that the picture quality is not 3 megapixel digital camera quality but the VGA pictures I capured are fine for full screen blow ups on a PC screen and everyone I showed them to loved the pictures as most PC pictures are not all that sharp unless they are like huge picture files anyway. You can always keep a regular camera (or buy a digital camera) if you want great stills, this is after all a MOVIE camera. And it takes great video and the image looks as good if not better than what you see on the attached video screen.
The memory stick is a nice feature but the quality of the pictures is just as good if not better straight from the digital tape.
I really enjoy using this camera, it is light, portable and well made.