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I don't have the camera, but do have a Vex and have been using various types of flasher units over the years. However, I will buy a camera this season and plan to add this to my arsenal. It's not going to be my main way of finding fish, but there will be times when I'll use it to figure out things that are going on down there (that I know are going on because I can see something on the Vex) and help me to either figure out something or let me know if I'm wasting my time or not.This is a must, get the flasher first and learn to use it. It's a tool that will help you find and locate fish. It doesn't catch fish for you, that part is up to you. But, they are efficient and will get you to the next level if used properly. The camera will help you, but use it in conjunction with the Vex once you learn to use it properly. Both can help you find and catch fish. Again, they are tools.
... The only way I would choose the camera over the Vex is if I was fishing with kids all the time. The camera keeps their attention for an entire weekend and really makes it fun for them. I can put two of my grandkids in a hut and they can both watch their jigs on the camera. They use the camera more and I use the Vex.