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I shot a feature on the XLH1. We are very happy with the picture quality, resolution, and 24F cadence. To us it looks very similar to that of an F900.
I have not personally seen much JVC 720p footage to compare. I'm assuming JVC owners are just as enamored with their cameras as us Canon folks are with ours.
Also, I shot a 15 minute short film with the XL2 (called "Day:11") and it was my experience using that camera that I wished Canon would make an HD version of it. And much to my satisfaction they did. We bought one right away and have shot several projects with it. It's paid for itself twice over already.
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