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Great little zoom camera
I purchased this camera for my wife to use on a trip to Africa because of its zoom capability. Detail and color on pics was right on (set to bright mode). Once you learn to use all of the features (of which there are many) it is a gem! Only down side was the lack of a viewfinder. When in bright light it was hard to see image on the screen and at max zoom, hard to compose picture and hold the camera steady.

Best features, worst picture quality!
Best features:
Wide angle, 10x+ zoom, HD video recording, best screen resolution.

Worst picture quality:
In comparison to my old Canon and Casio, the picture quality is the worst especially under low light. Video quality is poor also. It is only OK under bright daylight.

I bought this because of the nice features but unaware the picture quality is so poor. Beware!
BTW, I have the latest firmware installed.

Great option for the price and 10x ZOOM!
My cousin recommended this camera to me. It's great! for the price and options and easy to use. I am impressed with 10x zoom, dial options can be preset to specific scene, large LCD - 3", battery life is good and it is still fitting your pocket.

Perfect for Real Estate agents!
It's wide angle lens and small size make it a perfect choice for Real Estate photo's. Interior shots are so difficult to convey the size and openess of even large rooms, and I had to retake shots of all listings after I saw what it can do. The zoom lens allows me to frame the shot, eliminating unwanted background images without changing positions. I haven't taken the camera off intelligent automatic yet, don't see a need to. Just the best camera on the market for my purposes after researching and trying them all. Get the extra battery and the leather Panasonic case with it.

photos in auto GREAT! video NOT SO GREAT
If you know panasonic LUMIX digicams you probably know that the sound bitrate on the videos is cropped at 8khz, that's almost the same quality as the phone line. I knew that but i didn't care because the quality on the video of my previous FX50 was very good.
The BIG thing on this camera is the INTELLIGENT AUTO, and IT WORKS flawlessly, even taking 4cm macro photos with flash on... the photos looked perfect.
The video (HD video also) are better than the FX50 mainly because you can zoom and you have autofocus, but BIG FLAW on this camera is the autofocus hunting issue, even updating the firmware (version 1.2 that you can download and read the instructions from here http://panasonic.jp/support/global/cs/dsc/download/TZ4_5/index.html) the autofocus doesn't work well. But you can select fixed focus if you want.
Anyway i think it's a great camera.