. . . the good far outweigh the bad.

I suppose it all comes down to what you want to use it for and what your criteria are. Mine are:
a) must be able to take good still photos of:
wildlife
people
landscapes and outdoor scenes
rock concert scenes
b) I also want a camera that's got the facility for HD video (now we've got a grandchild)
c) needs to have a good manual zoom
d) isn't too heavy
e) reasonably priced
I could satisfy all the above apart the last two with a decent DSLR - and I've looked at these in the past - but DSLRs are nearly twice the price (and even more if you want a decent 30x zoom lens) and heavier (and heavier still if you have to have the sort of zoom that's integral to the HS10).
I've had my HS10 for around three weeks now, and I'm still getting to know my way around. I've tried most of the basics, and it seems, so far, pretty-well exemplary. I had a wren family nesting right outside my back door and set up the camera on a tripod in HD movie mode and got some terrific half-hour movies at the touch of a single button (and the stills from the movie were good too). I've tried it on full extension of the zoom for photos of birds, the early evening moon (even without a tripod, it produced brilliant results) and aircraft at my local gliding club. I've used the macro setting (much better than that of my previous Fuji S9500 zoom) to great effect. It's comparatively light (well under a kilo). And, as has been remarked, it takes standard AA batteries (and I haven't had a problem with battery life to date).

There are some downsides though and it's only fair to point them out:
The printed brief manual that comes with it is very brief indeed - it just tells you the basics. As well as being provided on disc, the full manual is available to download from Fuji in PDF format. In many ways this is better than a printed version as you can do a search on your computer for key words - and find things far faster than thumbing through a booklet (and you can, of course, print out relevant pages if you're going to be using the camera out and about).
The manual zoom doesn't glide smoothly, so is not entirely satisfactory for video work (though for many people the HD video will be a bonus, so this won't be a big factor).
Start up time is slow, and it can also be slow to change mode. This speed issue is something which seems to be endemic to Fuji cameras (this is my fifth Fuji digital camera, so I speak from experience) and really should have been addressed by now. I don't, as a rule, use raw mode but again, long write delays are unacceptable these days.
The default is for the image to show on the screen rather than through the viewfinder (VF). The camera is clever though, and if you place your eye close to the VF, the display switches to the VF. But that produces a delay. I prefer to use the VF for most work, though for video it can be useful to use the screen. I've not worked out yet if there's an override (let me know if there is!).

Despite these flaws, overall I'm very pleased. It's well built, solid, compact, and good to the touch, with a positive response from the controls. It's very reasonably priced for a camera with such good specs. So, if you're looking for a high-spec all-in-one bridge camera, this could well be the one for you.