well, its probably better than some of the 'coby' and 'denon' as well as rebranded 'rca' and 'GE' digital devices sold in the US, by companies like qvc/shop at home. those 4 companies ought to just liquify their assets at this point, and go home.

I had a relative who ended up with a camcorder and I didn't look at it nearly close enough...it looked like "Panasonic" at a glance, but it was a "Panoramic".

Maybe they only ship that brand with a fish eye lens?

What about Panaphonic, Magnetbox, and Sorny?

YouTube - LOS SIMPSON - (latino) "Yo se distinguir un panaphonics autentico...magnetbox y un sorny
(wish I could find a version in english online, I think I have it on my wall of DVDs at least)

How long before we see the brand PANNON on camcorders?

The Japanese companies after the World war had done lot of "reverse engineering". Today the chinese companies are doing the same, albeit more blatantly like this Canasonic. In Beijing, I saw cars which looked like Ford and GM, but on closer inspection came to know that they were ripoffs manufactured by a large local company whose acronym BYD stands for Build Your Dream.

Akio Morita in his autobiography Made in Japan has clearly mentioned why the name Sony was chosen. They wanted a neutral word as they were apprehensive about a japanese sounding word. So they chose Sony from the latin word Sonus. The words Made in Japan were written in a very small font and the brand name Sony was written prominently. Today Sony is a giant. It may have produced some ripoffs of popular products in its formative stage, however, one can realise that they had deep thought and strategy starting from naming of their company. So just by creating fakes or reverse engineered products alone a company can't become great.

Cheers,
Sabyasachi