I would caution you guys against this one. I've been told that the JVC HR-S 3x00u, which is the VERY bottom of their SVHS line, is not that great a machine. I have seen this machine around before, and $130 is not a flaming hot price, you can get it normally at that price if you look around. Personally, I have 3 SVHS decks, including the HR-S9500u (The Highest end of the JVC consumer line, but a couple generations older, though they are essentially the same as the current models) and honesa tly, it does have good video, but the construction quality sucks. It's so light you have to hold it in place while you put a tape in or the whole unit slides. If I were doing it over, I would buy a Mitsubishi deck, which probally has better video and DEFINALY has better construction.
Not trying to thread crap, but I'd rather see someone spend a little more and get a machine they would be much happier with. A piece of trash, at any price, isn't a hot deal IMHO.
BTW, SVHS in a decent machine is GREAT. Also, good SVHS decks make plain VHS look better.