Not to further beat this horse (hard drive vs tapes storage), but the prices of large hard drives have dropped so much that it really isn't a problem cost-wise anymore. It's just so convenient to have your clips already on your computer and ready to edit (rather than searching through tapes). Also, the AVCHD quality is very good on the HG10 that you can import your footage at a lower quality (than 1080i) and not be able to tell a bit of difference. It's nice having all your footage nicely organized in folders and being able to just drag and drop them into FCP or iMovie. The other nice thing about the HG10 is if you shoot a scene and you know it just isn't going to be used, you can delete it quickly and move on, rather then rewind and tape over.