I've got a TRV-250, which is one of the older, bigger digital 8 cameras, but has similar spec's to the 265 by the looks of it,
I've also used my friends Sharp VL-something.
I preferred the Sony, the image quality is better, and it feels like it's built better, but the digital 8 is annoying. There's so many benefits of having a much smaller camera, and a format thats much better supported.
(There aren't many digital 8 cameras about if you need to borrow one to capture footage if yours breaks for instance.)
And the tapes cost more, and are a bit rarer, which is annoying when you need to get a tape but they only have mini DV.
Also I didn't use the swivel feature at all on the Sharp, and I don't think my friend does either, it's pretty much a pointless gimmick.
I'd say look for a cheap Canon or Sony camera as they tend to have slightly better build and picture quality than Sharp, but thats just my opinion from my limited experience with the cameras.
I'd suggest going into a shop and asking to try them out, then you'll get a feel for them a bit more.
Panasonic SD9, Panasonic NVGS-75, Canon MV600i