I like Panasonic camcorders. Over the past ten years I've owned two of them. Panasonic does a great job of packing a massive amount of really useful technology into elegantly designed bodies with great optics. That, in a nutshell, is why the HDC-TM700 is a great buy.
The TM700 uses, like many other Panasonic products, a LEICA designed lens. Panasonic actually produces this LEICA DICOMAR lens, but it is produced to LEICA's exacting specifications and standards. I've personally always been happy with the performance of my LEICA-equipped Panasonic camcorders, so it was no surprise to me that the lens on the TM700 produced crisp images throughout the entire focal range. If you want to go hands on with manual controls, you can, but I think that the majority of users are going to let the camera take care of the heavy lifting. The TM700 sports a 35mm wide-angle lens and a relatively bright aperture; it will perform well in most conditions.
Other features that "just work" are auto contrast, auto focus tracking, and auto exposure. The image quality from the TM700 really does illustrate the difference between it and my 3 CCD Panasonic camcorder. Contrast is better, it tracks moving subjects with focus through the entire frame without a problem, and it adjusts exposure extremely quickly.
All together.
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