Thoughts on the Canon HG-20?

I've been doing a lot of research over the past couple monthes for a new camera, and i think that i've come to the conclusion that the HG-20 is one of the best cameras under $1000.

I'm a college student with a tight budget as you can imagine, and really can't go above the $1000 range, as much as i'd like to get a RED one or something like that lol

I want to hear different views on the camcorder, good or bad from people that have it or have experienced filming with it
:D
 
It's really small. It has both a mic and headphone jack which is very
importnant. I found it difficult to handle with all the cables attached
(mic, headphones and monitor) but it’s a camera with all the basics.
 
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