Me Experience with the GZ-MG 130 Model

I have been wanting a camcorder for quite awhile and I finally bought myself this one for my birthday. I wanted a camera that took high quality video that I could upload quickly to my pc and edit -- at an affordable price. I was also specifically looking for one that recorded video on its own hard disk. The GZ-MG 130 seemed to fit the bill. However, as I began to use it I learned that it was missing several features that other camcorders in its category seem to have. Also, within a month of my purchase this particular model went down in price by $100. But the biggest negative for me is that it also records in .MOD format which means that you individually have to change each file to .MPG in order to edit it.