Advice solicited - should i buy this camcorder?

I think I am going to buy a Canon XH A1S camcorder, but before I do I wonder if any Forumista is using it and can tell me how it relates to Final Cut Express?
There are a number of posts about it, but they relate to specific problems, not a general view of the camcorder itself.
I have read a multitude of reviews and they all seem favorable (in some groupings with suspiciously similar effulgent comments) save for one gentleman who said the camcorder was "shoddy" and the front mic holder "wobbly." Too, one reviewer talked about the A1S but referred to working with mini DV tapes, so I am hoping that he is confused and means the XH A1.
How is working with SD tapes and FCE? Good? Should I look elsewhere?
Any comments would be appreciated as I will soon be putting pen to check and submitting a claim for some of that stimulus money that is floating around.
As always, thank you in advance.

Nowhere in this camera's specs does it mention tape. Only an SD card. Am I missing something?
As for AVCHD I remember reading that it must be laboriously converted to the FCE format before it can be edited. Another step!
I m spending more time on research than Sloan-Kettering.
Thanks for the reply, Sasha, and reminding me that you ARE Sasha. I felt uncomfortable calling you Skalicki.
Can anybody out there recommend an AVCHD professional camcorder that works well with FCE and which they use that won't require me to go back to stick-ups?
Thanks,Sasha.
Alllosaurus

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