The 722 doesn't fit the bill either since it is way too expensive for my needs, and I really, really do not want to have to have a bigger bag just for a bit bucket for my V3. What I want is the solid state/HD & 24-bit version of the M1, but as of yet, only the MT is in that category.
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Other than the expense, I would thinik the 722 IS THE SOLUTION for those used to carrying the V3 around. The SD-722 has an EXCELLENT QUALITY MIC AMP and A/D processor that should at least equal the performance of the V3, or so I would think? Expecially for those recording PA'd venues?
In other words, the 722 seems quite acceptable as THE all-in-one deck for V3 users to just connect up the usual mics or direct board feed?