Bought this camera just before Easter, and I'm very impressed. The picture quality is excellent, the optical zoom is one of the best on the market and the Nightshot function works very well with very little noise so pictures still remain nice and clear.
The only thing to note is that, if you want to use the full range of the zoom function, you WILL need a tripod, simply because at such high zoom, camera shake becomes very noticeable. This will happen whatever camera you get, so it's not a negative, just a point to consider.
The battery it comes with will last just over the length of the tape, if used with the screen open, so if you want to film more than one tape's worth of film, then either get another small battery, or buy one of the high capacity ones (the NP-FH100 has an awesome 14 hours maximum!).