I bought this camcorder as a present for my mother on the grounds of its looks, lightness and ease of use. It is indeed pretty and very light, small and dead simple to use. As usual with Sony camcorders, this feels like a quality product: well built, easy user interface, good manual, easy to take the video from the camcorder and put it on a computer.
The files it produces are MPEG2, a well established format, which is computer friendly as many video editing programs can process it without problems.
What's not so good is the image quality. I appreciate that this is standard definition and cannot compete with HD camcorders, but my criticism is that its quality is well below a tape camcorder that I had a few years ago (bought in 2005) and on a par with a tape camcorder I had many years ago (bought in 2001).
If you want something that is easy to carry and your target is YouTube this can be the thing for you. On the other hand, if you want to play the end result on a modern 40" + flat screen TV then you are better off looking elsewhere.