I have recently bought a Sony camcorder which uses the memory stick. Yes, the memory stick stores still photos, only, and frees up the tape for Digital8 recording. As for being like betamax, that's what they said about the 8mm format in general when the handicams appeared on the market. Just because a format is an oddball, doesn't mean it's not better, like 8mm, beta, etc. Sony has put out some very good products/formats in the past, many superior to the competition. Some (betamax) have died out, as the public has accepted an inferior product (VHS). Oh well. That just shows you how most consumers are followers, and buy things because everyone else is buying them (VHS, Furby, Beenie Babies, etc.). But this certainly does not apply to the people on this board...