The other reviews on this product looked good and it's quite likely the hardware is good, but there are some MAJOR problems with setup:
1) The box comes with no manual or paper documentation at all. It only comes with a mini CD which won't work in any system with a slot-fed CD drive (including virtually all macs).
2) There is no web site to support the product either, so you can't download the docs when you realize the mini CD is a big problem. (This is 2011 and it's a technology product. No web site? Really?)
3) Even once you get the files off the mini CD you will find out that the basic configuration tools are all PC-only (.exe files). This wasn't clear in the product listing.
4) With most IP cameras you'd imagine it'd be no big deal - you'd just connect it to your network and connect with a browser. No luck. By default, the device doesn't even pull an IP address from a DHCP server and the documentation doesn't tell you what (if any) default address it ships with. (I tried a network scan across 192.168.1.0/24. No luck.)
5) What the documentation DOES tell you is that you need ActiveX to use this device. Once again, all non-PC users are out of luck. (Does anyone still use ActiveX? Really?)
In short, if you are a windows user with a caddy fed drive and a lot of patience, this could be an OK device, though goodness help you if you ever need a firmware upgrade or anything like that since there is no product website. If you aren't a windows user, get something else.