MOD Converter is a powerful and practical windows software helping you convert .mod .tod files recorded by camcorders JVC (.mod and .tod), Panasonic (.mod), Canon (.mod) to computer. The output video and audio formats include: MPG, AVI, WMV, MP4, MOV, 3GP, RM, FLV, SWF, MP3, M4A, WAV, etc.
From what I understand, the camera sustained a burn, similar to that of a retinal burn in the human eye. Once these receptor cells are damaged, they rarely become normal again. The good news, is the camera reception device can be replaced.
See if you can reset camera to factory defaults. If not then you have a serious issue with the camera electronics.
Think that puppy is ready for retirement since repair, if available, will cost a small fortune and not be worth it.