I've owned around 5 camcorders since the early days. We bought this Panasonic V500 based on good reviews of its image stabilisation system. I had a Panasonic (3xCCD HD) camera before but stabilisation was not up to much so we replaced that with a Canon HV30.
This has served us well but my quest for steady video, especially from cars, continued. Also, we aimed to give up on having to use tapes which are a bit anachronistic these days.
After much research and finding a good price at Jessops(!), with 50pound back voucher from Panasonic, we bought the V500.
Our initial results are excellent. Especially material taken from a moving vehicle. The image stabilisation system intelligently locks on to the moving scenery and keeps it pretty steady. You can see stuff on the windscreen bouncing up and down whilst the road ahead keeps in frame. Comparing it with scenes taken on our old Canon, where we can see the road bouncing up and down and the windscreen steady, this camera is very impressive.
It is also nice to not have to rely on tapes. We bought a 64Gb SD SDXC card on Ebay for around 26GBPounds and this will store over 8hours of the highest quality non-progressive video. I tried filming in the highest quality "progressive" (1920x1080p) mode but saw little point as we have to render it back to interlaced for viewing on our TV anyway.
For a pockatable, light and very usable camcorder with the best image stabiliser I've seen, this is the one to choose.