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ABC TV here used SVHS for some news/current affairs reporting, so they were considered good enough for broadcast use (at least by those that didn't have the budget for betacam). I've found used SVHS tapes that still had raw footage on them, but never anything interesting enough to keep.
I've used a full size VHS Panasonic camcorder, but it's not something I'd want to do again. As much as I like old gear it was just too heavy and cumbersome to use in any situation where you'd be moving around much. The original battery didn't last long enough so I had the added weight of an external gel cell battery in a backpack.
If I needed a camcorder today it is probably one of the very few things I'd actually buy new.
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