Looking through the latest HCC mag, (Nov 2004 issue), they had these two new models. The 500 is to come out in the uk, (already out in Japan), and is their latest flagship dvdr/hdd model with a 400 GB HDD, improved MPEG4 and full 5.1 dvd audio compatibility etc. While the 700 is Panasonic's 1st dvd Blu-ray recorder, (I think), and apparantly the world's first dvd recorder that supports single sided, dual layer discs with a max capacity of 50GB. Also records on teh familiar ram/dvd-r dvd discs. The thing is, there's only a £250 difference between the two. Ok I know the 500 has a 400 Gb hdd but what does that matter if the Blu-Ray discs have RAM functionality and the equibelent space of 10+ dvd blanks. Plus you'll be future proof and still be able to play your current dvd collection. Who's gonna spend £1,300 on technology that's already been replaced?