Where are you buying it from? If it's from a "no-name" seller, it's probably too good to be true. Sorry for a late response; away for a couple days.
I am really struggling with my decision.
As an HD fanatic, the Sony HDR-UX1 is very appealing being the only HD camcorder safely in my budget and one that received very good overall reviews (Cnet gave it a 7.7). But I do know what the knocks are -- short DVD record times, AVCHD format compatibility, first generation model, etc. But I keep coming back to the fact that was a highly regarded camcorder (with some caveats), it does very nice high definition by all accounts, and it's in my price range now at $599.
Now that software developers are releasing AVCHD compatible applications, is this a good time to jump on the UX1 for 40% of MSRP despite its downsides? I do have a PS3 so playback would not be an issue and I am not turned off by having to carry several blank DVDs.
My plan B would probably be the Sony HC96 or the Panasonic GS320 which are both MiniDV.

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