Yes, it's a good camcorder. It is similar in price to the Sony Z1 I suggested
http://www.sonybiz.net/odw/profvideo
These camcorders are out of my league in terms of price, so I'm not knowledgable enough to compare them in any detail. One main difference is the Sony is 1080i while the JVC is 720p. Some people prefer to shoot progressive vs. interlaced. Others argue that they prefer the greater resolution, and also that you can deinterlace 1080i into 720p in post production and it works well.
And one is a JVC and one is a Sony....
If someone has actually tried both hopefully they can comment.