Update 8-21-2011
I found the youtube feature on the video settings. It offers different video quality settings and some optimized ofr youtube. ALso, the burst feature is amazin, yesterday I tok a burst of 35 photos in the space of 5 seconds! Amazing.....
First off, I own several "digital" cameras and have also previously had a few long zoom cameras.I don't like "big" cameras because I don't like lugging them around. So when I have owned long zoom cameras in the past, though I have liked them, tended to not use them much because I didn't like carrying them around, thus always ended up selling them.
I have been keeping an eye out for a small point and shoot with a 20+ optical zoom and stumbled upon this one by chance on the Olympus web-site.
I was impressed by what I saw, read a few reviews and ordered it off amazon.com (of course!) and received it the very next day. Right out of the box, the quality of the build stood out, it was also well laid out and I was delighted to find the battery was almost fully charged.
I headed over to a nearby park and snapped off some photos and a few video clips.
The quality of the photos and video were excellent, I used some of the "magic" settings which are special effects, I usually dismiss these types of effects as gimmicks but found some of them to be impressive.
Pluses
The photos have really nice colors and look very life-like (which is what a camera should be capable of!)
The zoom is quiet and smooth
Zoom works with HD and sound (the SP800UZ did not and went straight back!)
You can take photos while shooting HD video (though not sure yet where it saves them)
It can shoot HD video and say, 480 x 640 video (great for youtube etc or emailing) at the same time which is very impressive.
Super Panoramic mode, best I have seen yet.
It has a lot of features, easy for beginners
Takes 3D photos (didn't realize it could until I got it...more icing on the cake lol
Minuses
No Printed manual,you really need one for this camera, even though it is easy for beginners, some features are pretty advanced.
All the promotional material keep saying YOUTUBE! yet so far I have not found any feature directly related to it (if you have please post a comment)
This is a very well built camera, meant to last with some features that are very advanced. If you are looking for a long zoom, with HD video capability and good quality prints, this is for you, the icing on the cake is all the other amazing features you get! I have taken a few pic's in 3D but have not done anything with them. I will do an update when I have used the camera a bit more. Oh and I love the gunmetal gray color!
For such a small camera, I am very impressed!