well let me start off by saying i am not a family guy, i bought this camera purely for college, meaning alot of night shots, alot of abuse and other things related to college...of course being in college price was a big deal since i am always broke.
i got this camera at a very good price ($275) and so far the camera is proved it's worthyness! i've taken it everywhere outdoors, indoors, sports events, race track use, etc etc.
The night shot is very useful and it works very well and the easycam option enables me to do everything with the touch of one ot two buttons.
it is not backward compatible true, but i don't have any older tapes from an older camera. This camera is therefore perfect for a first time camcorder user who wants price, functionalty and quality all in one.
all in all it is a very good camcorder