Generally yes. The picture quality is excellent. equivant to a good DVD. Sound quality is also excellent without any humming or self generated background noise.
However, I noticed that if I place the camera on a table for example and there is something off to the side but in the view of the camera, the auto focus will become confused and the person being filmed is then out of focus. Also, while they tout 120 minutes of recording, the best I've gotten without a re-start is about 70-minutes.