A few words about the disadvantages.

If the device is mainly used as a pure hard disk recorder, it is in this price range a real recommendation!
Shall often records be burned to DVD, start partly serious disadvantages. So there is not the possibility of files put together, for example in the editing mode. Downright laughable it is the actual burning process because in most cases only copying in normal speed is possible. As unbelievable as it sounds, but the DVD is actually burned in a simple speed !! So in LP mode with 240 minutes the process takes about 4 hours! No joke, I tried it and the Panasonic Service has confirmed it for me! All popular DVD formats as + R, -R, + RW, -RW, Double Layer can only be recorded in 4: 3 format to burn at a faster rate. Not in the 16: 9 format.
Sorry, but we write the year 2012, Dear Panasonic technicians.
And even in 4: 3 format, there are limitations when individual files were recorded heavily edited or in FR or EP mode.
Another serious shortcoming is the GUIDE Plus + - system. (Others call it simply EPG) Is this program guide is enabled, can at night from 02:50 clock for about two hours, no programs are recorded. If this data Download disabled, it does not come to update the program data. Again, this is not up to date! Such a data download should take place automatically during periods of inactivity of the device.
Finally, missing in the equipment really the RCA jacks! So you have to be content with adapters (for me double scart: the TV as Scart, for PC of Scart to RCA).
Among the advantages I can associate myself with the other reviews. The setup runs easy to operate the unit reveals itself to the users relatively quickly and the picture quality is really good! The manual looks at first very large, but very well thought out and very helpful. In addition, I would recommend Panasonic but a quick start guide for initial setup.