Bought this for the arrival of my first child. Didn't want anything too fancy, just good enough to record fun moments.
Good value for money, although I find the unit a bit plasticky and not that solid. It fits well into my hand and is light and portable though.
I chose a DVD camcorder because I thought I would just use the DVD straight from camera into my DVD player. However, after using it for a while I have now purchased editing software as my videos really need some work! The discs need finalised in camera before playing but they play fine and it is a quick result.
Recording to DVD has advantages and disadvantages:- For - can play easily in DVD player, extract video to PC quickly for editing, cheap media. Against - not the greatest quality, the whirring of the DVD recorder can be heard quite frequently on all videos; this can be a pain when recording in quiet areas like indoors.
Overall I can say I am content with my purchase but I will likely upgrade to something of better quality as it is not great.
If all you want to do is capture some family moments etc. then this is fine. For budding movie makers a better quality camera would be more satisfying.