I have a couple of the original Reconyx cameras. They have performed flawlessly, and I would expect the new ones to work the same. As far as color photo's versus infer red, I'll say that if you get a picture of a big buck it's a lot nicer to have it in full color if you shoot that deer. But if your just using it as a scouting tool b/w photo's are great because you can leave a camera out along time and not eat up a lot of memory.
Best of luck this fall.