Panasonic Lumix FZ28
This Panasonic model features an 18X zoom lens, and goes for around $350 or less. the IA (intelligent auto) setting works quite well. The auto settings are important for many photographers this camera targets as manual tweaking is generally not something a lot of casual photographers do. Of course, for those who like to make adjustments, the option is there. The LCD is a nice sized 2.7 inches. The zoom control seems to be opposite of what I would have expected, but after spending a little time with it, I'm sure most people get used to it.
Canon Powershot SX10 IS
Canon is one of my personal favorite brands, and this camera is one of the reasons why. This Canon is comparable in price (around $350) to the antecedently reviewed Panasonic Lumix, but with 20X zoom, instead of just 18. Even a couple of die hard SLR owners I've hear from, swear from this camera. A lens range of 28-560mm is nothing to sneeze at. Especially with the clarity, and noise free pictures produced by this camera, even at higher ISO settings. You can of course, get better clarity and image sharpness with a good SLR, but your going to spend at least double the price to get there. Not to mention haul a lot more gear around for a SLR. The different nice thing about this camera, is the efficacy to capture video files, even if they are in the somewhat more obscure .mov Apple format.
Olympus SP-565 UZ
You should be able to find this Olympus for under $300 these days. Which is pretty good, when you consider the quality of the 20X zoom lens that comes with it. Some would argue, that is the successor to the somewhat botched Olympus SP565UZ. It's a much better camera, a little bit lighter, and includes both an auto zoom and auto focus feature. The zoom is a joy to work with, and the somewhat advance features of face recognition, and shadow adjustments work as advertised. It's got a cool feature call pre-capture, that I suppose, is the poor mans answer to burst mode offered by many high priced SLRs. It basically allows you to capture up to 10 photos in rapid succession, and then select the ones you want to keep.
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