Tankless hot water heaters?

Denicreg

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Any one here have experience with tankless water heaters? My hot water is tied to the coil on my oil furnace. My local oil/propane company has a deal going on now with Camplux tankless water heaters installed with 100 gallons "free" propane. I already have a Camplux direct vent heater in the basement and really like it. I am looking to get away from using oil as much as I can, although it will be a long time before we can get away from it completely (our oil boiler is only 1 year old.)
I'm thinking seriously about the tankless water heaters to save some oil. What experience do you all have?
 
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