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Pros: I was highly impressed with the overall camera zoom and ability to auto focus almost instantly. I purchased this mainly to do product reviews for some of my websites and the ability to quickly pan for macro shots is really useful.
The camera itself is tiny, I also got a 68" stand and putting the camcorder in place, it's almost comical as small as it is.
16GB of internal storage with support for up to 64GB of SD XC flash memory as additional storage.
Integrates really well with iMovie for a seamless user experience when uploading videos to edit.
HDMI video out to quickly connect to any HDTV assuming you have a cable, it only includes standard composite video output cables.
Cons: The included software is virtually worthless and doesn't support Mac OSX, however, iMovie fills that void.
Included battery is really small, 1650mAh if my memory serves me correct, which only allows for a little over 2 hours on a full charge.
Doesn't include HDMI cable - I'm sure most don't but it would be nice considering the selling point is it's an HD camcorder.
Other Thoughts: I'm far from a camcorder expert and would consider myself more of an amateur enthusiast. I was attracted to this camera because of it's price point and it does everything I need it to do. If you're just looking for a camera to shoot quality HD video for small events/reviews this is an excellent buy for the price.READ FULL REVIEW