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B & H have been around for eons and their low prices are a result of volume buying. I've been told, tho' can't confirm, that they are the largest single purchaser / reseller of photographic gear in the world!
A photojourno friend in the UK makes a yearly trek to New York just to stock-up on goodies there.
At any rate, they are a great company to deal with and I've had only one
problem in about 30 purchases - a very soft lens. They replaced it without fuss.
The only thing you have to bear in mind is that while B&H will honour any guarantee on goods they sell, you will be responsible for return post if the item is faulty, so I'd keep my purchases to fairly simple items with few moving parts and minimal electronics.
For the most part, US warranties/guarantees will not be hounored here if the item was purchased over the internet. However most established companies like Canon and Nikon will repair goods under warranty IF they were purchased abroad in person.
Also the usual customs caveats apply.
But IMO, you're pretty safe buying from B & H.
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