Marc is far more erudite than me....
I wouldnt touch that camera with a barge pole.
Looks like a hook for the gullible to me - everything that is new bunged together to impress the gullible and fat of wallet.
Why on earth do you need a HD AND a blu ray disc ?
And the whole point of blu ray is bandwidth - on a HDV camcorder this is ridiculous as the bit rate of HDV is less than DV - you only need an ordinary dvd for tha data.
High band width dics have thier place (XDCAM) where the quality of the optics ect justifies the use of high bit rates.
It's all very well putting stickers on a camrea that say '1080p' but trust me - you need to spend £2000 ( $4000 ) minimum befor the ability of the optics / block are good enough to allow you to see that resoloution.
If you want to be a film maker spend your £1000 on a s/h PD170 or XM2 or XL2 or PDX 10 even - the results will be as good as the 'hi def' Hitatchi you mention and you will actually be able to easily load it into ALL editors and edit it without a quad core, but it probably wont impress your firends as much !
So is it worth it - NO.
A few years back I read a quote by Lord Litchfield ( famous photographer ) - he said that 2 ( yes two ) mega pixels were enough in a still camera and that after that the lens was far far more important.
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I have two prejudices - I am anti HDV for consumer camcorders, and I eat mooks who claim to be pro wedding vidders and ask dumb questions.
www.zaskarfilms.com You tube channel 'zaskarfilms'
JVC DV5001e (big cam), Sony PC6E (tiny cam), Vinten pro5, PAG light, SM58, Sony ECM50, Sony C-76, 0.5x convertors for sony, Rode video mic, Vegas 7.