Yes. It is a model that is at least three years old. It was replaced by the PC1000, the last vertical style cam that Sony produced and that was two years ago. If you are looking for a good Sony Standard Definition (SD) miniDVcam that is currently available, I'd look at the HC96:

http://www.bhphotovideo.com/c/produ..._Camcorder.html

If one of your main criteria is the veritical form factor, Canon makes an HDV10 model that records in High Definition (HDV) to miniDV tape:

http://www.bhphotovideo.com/c/produ...P_CMOS_HDV.html

I would warn though that vertical form factor cams have more battery "lasting a long time on each charge" issues. It's one complaint I have heard against the HV10.

If you want the current state of the art High Definition HDV cams (they record to miniDV tapes) look at the Sony HC5, Sony HC7, and the Canon HV20.

Chrystie