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
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.
^ Shown with my old F200EXR and tripod plate (removable).