I was looking at getting one of those cameras so let me know how you get on with it.
....At that price level I'd also have a serious look at the FinePix F500EXR, Carl
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For what it's worth I'm extreeeemely happy with mine. Whichever compact you get, I strongly recommend a pistol grip - Makes a huge difference in being able to control/select settings and keeps the camera steadier.
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^ Shown with my old F200EXR and tripod plate (removable).