I compared this camera with my SD42212S, and they are almost the same regarding to video quality.
Maybe the 22204 is even a bit better at night, because of the lower F value of the lens.
Have to test this some more...this cam has an aptina cmos, and the 42212 has a sony exmor.
So you would expect that the 42212 has better video quality.
The only small con's are:
Speed, pan/tilt is rather "slow" ( compared to my 42212, but it's fast enough )
Mechanically: rotation is driven by a worm wheel..probably not the most durable solution and a bit noisy.
I personally think it's a great camera for the money!