As with some others reviewing this product, I own a DLSR as a "main camera" and bought this to carry around every day when I don't want all the kit and caboodle of a full set up.
I've been very impressed with it. It offers a good level of flexibility with plenty of shooting modes, or you can set it to a "fully automatic" setting where it will do all the work for you... just press the button. Talking points are : the "panoramic" photo feature, where the camera will "magically" join three landscape shots together to form a panoramic shot, and the Face Recognition system (that's "recognition" not just face detection) where the camera will pick out the faces of your loved ones from the crowd and help you organise you exposures accordingly... well that's the claim!
Results have been more than satisfactory for a compact in this price range... I would go as far as to say that they are excellent in most conditions. The 10x zoom is a nice feature for this money, and build quality seems robust. Pictures can appear a little grainy in low light conditions - but hey, we're talking about a sub £ compact here, and if you read the reviews of many premium compacts (e.g. Panasonic Lumix TZ20 - which is considered a good camera at nearly twice the price) the criticism is just the same (as indeed is much of the functionality).
I don't really have any gripes... perhaps the positioning of the mode dial means that it is easily knocked out of place when removing the camera from a case, but that's about it really.
All in all a "little cracker" for the money in my book. I can also recommend the relevant Fuji leather case which is not supplied with the camera sadly, but worth the small extra investment to keep things looking shiny.