Will be buying a new point and shoot soon, probably within the next month to two months. I have been researching and researching for about a month for my point and shoot, have looked at the Nikon 501, Canon SX40, and am down to either the Canon SX50 or the Panasonic FZ-150. I know that the quality of pictures and video's will not be as good as the digital SLR's but I do believe unless I am or anyone is a professional photographer that one of these cameras hopefully will take care of my needs until I am able to afford a good DSLR one day, I have even looked at the Panasonic FZ200 but at present time it is about 150.00 more than we can afford. I am looking for a point and shoot that has excellent video quality, good low light camera, good to excellent macro ability, and all around excellent photo quality. The 1200 zoom doesn't seem to be an issue, I love taking nature and wildlife photo's of animals, scenic photo's such as old barns / buildings and scenic wildlife. One of the main reasons to get one at present time is that my daughters are 9 and 10 and 13 (not as of this moment, they will be probably before I get the camera), and I haven't had the ability to take some good video and pictures for a few years since my other digital camera crapped out on me. Will take it to camping vacations, family fun times, vacations, Wichita Mountains trips in Lawton Oklahoma and just all around family fun times. I can't see how I would be disappointed in either camera, however I just want the best for the buck and since both cameras are pretty much the same price...want the best one. If anyone has any experience with these please give me your feedback, Thanks.