I like this camera because it's familiar to my DSLR's from canon, is rather effective in low light conditions, maintains good battery life and also contains many options like panoramic mode and high frame capture mode.
High frame rate capture in good light Great handling of low light conditions Much lighter than a DSLR; heavier than a point & shoot Plenty of manual override options Great auto options Panoramix mode Good/excellent battery life Scene modes are helpful and easy if you've owned canon cameras before...
Slower then desired zoom in / out mechanism (same speed as point & shoot) Would be nice to have more lens options Would have been better if it shipped with a memory card