The camera is good enough and digital is probably now the way to go. Nevertheless, my D70 had not been a source a total joy
Pluses
As a Nikon user all my life the D70 does make immediate sense when you pick it up and behaves pretty much like my old and trusty F100. The camera tends to under expose but picture quality is good and the RAW picture quality is most impressive. The D70 pretty much does everything it says on the tin but there are/were problems. Quite important ones in my view.
Minuses
The focus modes can be a pain and reset to exactly the one you never wanted if you change too many settings, the flash (using the the top of the range SB 800) is nothing like as good as the F80 or F100, you have to buy Nikon Capture 4.1 to edit RAW pictures (£125 ish), the early cameras were shipped with an out of date version of NIKON view so you could not even open RAW files without hunting around the NIKON site for updates (there was no warning of this when I bought it), the first D70 I had would not focus and was replaced, the Video output on the replacement won't work so it is back in the menders but most annoying is the CCD size. Nikon are not using full size chips so all lenses go up in scale by 1.5. Yippee for wild life but landscape and architecture fans will find that even their old and heroically expensive 14mm lenses won't cut it. Now they are just very heavy 21mm lenses. You are going to end up buying new lenses so much of the benefit of sticking to Nikon is eroded. Worse still I suspect it is almost certain that Nikon will move, in the future, to full size chips and your new digital lenses will become useless just as my brand new SB80dx flash proved to be when I bought the D70.
Conclusion
If you really, really want a digital SLR and are a Nikon user then this is probably the one to go for (its Nikon's cheapest so when you upgrade in two years time you won't have lost that much)but I think buying a scanner and waiting for the next generation is just as viable a proposition. To date I wish I had.