I received my SX260 last Wednesday and have taken about 700 shots and a few quick 5 minute video. Without writing a novel, here are the high/low points of this unit. In addition to this unit, I also purchased a couple of aftermarket batteries (and after market A/C adapters for about $5.00 each) for about $5.00 each and the batteries work fine. With the battery (original and aftermarket) I was able to get over 300 shots (50% flash) with zooming and playback and the battery meter still showed about 25% charge remaining.
Pro's
Zoom very long for a subcompact camera 20x optical, total 81x combined (yes 81 times!)
Image Stabilizer Excellent (far superior than the DSC-HX9V); Even at 81x the picture did not come out of focus, but of course not as sharp. I think it's still acceptable
Scenes A few scenes; I think the portrait, sepia, B/W works real well (the Portrait+ suppose to blur the picture a bit, but it's not to my liking) It has a few effects (fish eye, toy, miniature) that's very effective and can be fun for creative shots.
Auto Mode was able to pick the correct type of scene almost all the time; it has an easy mode, and smart auto. Not sure why they have an easy mode, but the smart auto works great
Size/Weight very compact and weigh's 8.2 oz. I would have prefer if the lens was flushed with the unit, but at 20x it may not have been possible
Uniformity the unit does not feel cheap, and beautifully curved; no sharp jagged corners
Grip the right side of the camera has a nice plastic strip for easier grip
Controls Dial extremely easy to use with one hand. The other buttons, if you're a previous Canon user, it's a no brainer; the menu and setup are practically the same across all their models.
Screen 3 inch TFT LCD screen very beautiful; nuff said
Processor Didn't notice that much difference between the DIGIC 4/DIGIC 5, but compared to the DSC-HX9V, this camera is like a Ferrari.
GPS Camera has it, but I never used it and probably won't; at least for the time being. Am more interested in a camera that takes excellent picture
Con's
Video compared to the Sony DSC-HX9V this Canon comes in a distant second; if you plan on using this primarily as a video recorder, look elsewhere. I think Sony has excellent lens on their camera but their processing technology is clumsy, painfully slow and unacceptable; whereas with taking videos, the Sony does not do any processing (not to mention it captures at 60fps compared to Canon's 24/25 fps) This is one thing I will miss dearly.
Flash not sure if there is a good place but I had to change my grip as the flash is on the top left corner. Couple of times, I had my left index finger on the flash and the camera gave some flash error message and had to power off and power on the camera to reset the flash.
If you're a casual or intermittent photographer (or a professional wanting an everyday point and shoot camera without carrying a luggage everywhere) that is interested in looking for a well refined point and shoot camera, yet has manual controls usually found on higher end DSLR (or higher end point and shoot camera), this is it!
UPDATE 04/14/2012 I paid $349 and today I noticed it's selling for $299, a 15% price drop in less than a month! I thought cars depreciate quick ...
UPDATE 04/18/2012 The Live Mode works great! For those hard shots (for example, taking indoor picture with fluorescent lighting and without a flash), you can view the screen and make the adjustment right then and there. You look at what you plan to take, compare it to the SX260 LCD screen and press the shutter button.
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