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Pros: Not much
Cons: I've owned about 6 Powershots. This one was out of focus for about half the photos and videos from day one. I pre-ordered it because I wanted to have it for my vacation in Cancun. But I had to throw away about halve the photos and videos because they were too blurry.
I sent the camera in and they just sent me an E-mail that they were going to exchange my "new" hardly used camera with a used one. I called them to complain, but they told me that that's they way they do things. Also, the used camera has the same serial number sequence that has problems. But I'm not supposed to worry because this camera has will have a 3 month warranty.
What a rip off. To top it off, the camera is a lot cheaper now.
Pros: Small, light, has lots of optional features. The zoom is great. I've only had it a day, so I'll have to experiment with it to see how to get the best videos.
Cons: Focus hunts a bit, even in bright light. Optical stabilization is a joke. It's really hard to hold this little puppy steady because it is so light. Photos are very poor in quality, so don't through away your point and shoot camera.
Other Thoughts: I thought that this generation would be a lot better, but from what I've seen the quality is about the same as the hf100. Better battery life than hf100.
For some reason Newegg does not have these in yet, had to go to another vender.