This looks like a nice little camera. Decent optical zoom combined with the close focus option makes this a contender for something that would go in my vacation luggage. That big LCD is a great feature, too.
Both Canon and Nikon have been pretty good at adding a few unnecessary changes to an existing camera and putting it on the market as a hot new commodity. Unfortunately, Nikon doesn't have this luxury much longer. If they want to prevent falling any further behind Canon, they need to resist the urge to "upgrade" existing cameras and put the money into heavy R&D.
Placing this camera on the market at this point is kind of like Dodge hoping to sell more of those station wagons just by putting in bigger engines.
It's still a point and shoot camera, no matter how much data it has. So the question that should be on most people's minds is "Exactly how much data is too much for the average Soccer Mom?". Sure, there's other users, but even for them, what are people doing with all that data when you can get a perfectly good 8x10 or 11x14 out of 4-6 MP? Don't most photos from consumer cameras simply get resized for the web anyway?
Apparently, there's a lot of time to think in prison. Unfortunately, it looks as though it might not exactly be quality thinking time. On the other hand, I'm sure there will be a rather large faction of housewives who still idolize Martha Stewart and can't wait to be the first ones to show off their new scrapbooks and frames to their coffee groups.
Cool "retro" look, large sensor, I.S. are all great features, but calling it professional simply a misnomer. Obviously the marketing folks at Acer are not really in touch with what a professional camera is.
Maybe it's designed for the red carpet attendees to be photographing the Paparazzi.
"I'm heading to university next year, and I've purchased a MacBook. I'm also taking my four year old desktop, just in case I'm left with no computers when the MacBook is being repaired or whatnot. With only two USB ports on a MacBook, I want a Bluetooth mouse. Budget is about $100, and of course, it needs OS X support. Thanks for the help!"
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