I love the top control dial with the aperture-priority, shutter-priority and manual modes. Combined with the front function ring, which changes its function with each mode, it makes it very easy to adjust the settings for different conditions. Although it's slightly larger than my last Canon Ixy 900IS, the lens aperture opens to F2.0 at 28mm. Oh, and it shoots HD (720p) video too.
With an accompanying 16GB SanDisk SDHC card, I can shoot 100 minutes of HD video, or more than 5000(!) photos, before I run out of space. So far, it looks like it will make a great pocket-sized camera, to compliment my decidedly non-pocket-sized Canon 5d DSLR.