I can't speak to the Panasonic RP-HTX7, but I own a pair of the Sony MDR-ZX300. I think they sound great, bearing in mind that they cost under $30. Between the thick cord, rugged design (a couple people called them 'nearly indestructible,' but I have no desire to test that out), pretty good sound, (subjective) good looks, and low price, I think they're quite a bargain!
I highly recommend them, but as with everything in life, tastes vary. Some people think they sound like crud, I think they sound great! A friend once let me listen to his $400 Sennheiser headphones, the HD 650 if I remember correctly. I honestly didn't think they sounded much better than my ZX300. I did notice that certain songs had a little more detail in the mids on his high-priced headphones. I'm no audiophile, but I really like the ZX300 and I refuse to use crappy cheap headphones after listening to these.
Hope that was helpful!