IS THIS CAMERA ANY GOOD FOR INDIE FILMMAKING?

Heres the camera, sorry I dont know how to make it clickable
JVC - Everio Digital Camcorder - Diamond Silver Model: GZMG330HUS


its a hard-drive type, im in he process of shooting a inide film and need a affordable camera. ANY GOOD?
Update: Is this one any good?

http://www.taaffephoto.com/item_detail.php?item_id=115840

its a three chip
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