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I've been using my Sharp MD-MT770 since x-mas to record my band's practices. The live sound I get from this unit is excellent using a powered stereo mic.
The Sharp MT770 is the Japan model, and it is tiny! It has recording, editing, and level controls right on the remote. Also, it has MDLP (long play) just like the SONY units. One advantage over SONY is that you can adjust recording levels on the fly (SONY makes you pause the recording to adjust the levels). Also, on the SONY units you have to disable the auto-gain control every time to get a good live mic'ed recording. Sharp units don't have this useless (and annoying) feature. If you are planning to do any live recording, these features alone are worth getting a Sharp unit over a SONY.
The only drawback to portable MD's: no optical output. You can't go straight digital to your PC. Even the new NetMD's with USB won't let you go MD digital to PC (only PC digital to MD). Analog out is the only current way to go, unless you buy a MD deck w/ digital out...
Check these sites out for more info: www.minidisco.com www.minidisc.org
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