I really like this little camera. I spent several weeks shopping around for a digital camera that could do it all and I think I got it when I bought this camera. It met most of the criteria on my wish list with 14.1 MP and 720p HD video. The X4 zoom was initially my only disappointment but after playing around, I soon discovered that it goes more than x4, just at a lower quality picture.
I love how easy this camera is to use. It takes really clear pictures with ease. My previous digital camera had over a second delay and half the time my shots turned out fuzzy. With the "Easy" mode, the camera does all of the work for you and usually the camera is right. I use this to take pictures of my 3 year old daughter who is constantly on the move and the camera takes nice clear shots. Also the camera is fast (for a digital). From the moment you click the button, it is only a split second before it takes the shot which makes it easy to capture the moment you want to keep.
I also enjoy the "Discrete" setting. I used this setting while visiting a museum and I love that there was no embarrassment of beeps and clicks while I fumble with the camera to turn off the flash. It's fast and quiet and the camera still took a good picture in low lights w/o the flash. However I did have to rest my arm or the camera on a stable surface.
I haven't played around much with the video camera yet. The zoom lense is noisy so I think that might pick up with the sound quality but considering I had good luck with still photos on low lights, I don't think the video will be a problem as long as the camera isn't jostled too much.
For the price, this is the best camera your money can buy. I know that there are better camera's out there with more features, but this does everything I could ask and more for a family camera.