Yo teddy, i think you mean the fx7?
and there is quite a price difference between the two camcorders, which is an obvious sign that one is better than the other (vx1000)
if you have the money you should probably get the vx1000, but you might want to consider the learning curve and start out with something a little more basic, with less manual controls
and the fx1000 shoots on minidv tapes, which can be a pain
you should also look at panasonics hmc40 and 150, and maybe the dvx (if you are willing to sacrifice the hd)
also you might want to look at the canon xha1, I heard that is pretty good too