I have had a play with it and liked it. However it seems to be a sort of halfway measure not as wonderful as the Sound Devices or as flexible as the Edirol R4 but much more expensive than the Marantz PMD660 or Edirol R-09.
There's a new Fostex out, the FR2 LE which seems to be popular with location sound recordists. It doesn't have as many bells and whistles but seems to record sound well, which is what you want it for.
If you need XLR inputs and phantom powering, the PMD660 is a lovely bit of kit, otherwise, have a look at the Zoom H2. Both are considerably less than the FR2.
...which seems to be a very cheap way of solving your problem (£80) although it only records at 44.1 khz (video normally records at 48khz) so you'll have to convert it to sync with your video, although most sound software will do this.
I haven't used or seen the Swissonic myself though, just going on what I've read in the audio press.
No, I don't need a time code facility. What I intend to do is use the on cam mic (XL-2) to record a sound track and then use off cam mics to record what will ulitmately be the sound track used in the film.
As well as the clapper board 'spike' I'll then also have a sync track to help line up the digital recording before deleting the (lower quality) sync track.
It looks like I'll be purchasing the Fostex FE-2LR.
Ah, I didn't realise that you had that much to spend! Before forking out for the FR2 LE, I would seriously have a look at the Edirol R-4. Okay it's a fair bit more expensive than the Fostex but it will suite your purpose better as a location recorder. Especially useful is its ability to record four tracks simultanously.