At around £300, the R26 is certainly at the lower end of the sometimes hilariously over-priced HD camcorder market
With 8Gb of onboard memory, the R26 lags behind it's brother - the R28 - which boasts 32Gb onboard, but amply makes up for this fact with its dual SD card ports, meaning that for the difference in price, the R26 with a couple of extra cards works out better value for money than its big brother.
The R26 is is the first truly budget HD camcorder to shoot progressive scan video. And at 24Mbit/s in its MXP mode it will chew through its onboard memory in around 45 minutes, so extra SD cards are a must.
As with most cameras at the lower end of the range, the R26 suffers from a degree of artefacting when experiencing high motion but for the difference in price between it and other more capable cameras, this is an almost trivial concern for anyone but the professional markets.
All in all, the R26 is a robust, quality camera that comes at an affordable price for the home markets.