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Pros: This camera takes some of the nicest pictures that I have ever shot. It is reasonably easy to use (If you read the manual). Battery life seems pretty good, I bought spare batteries and an external charger, and do not regret it. The HD videos are great, no need for a camcorder! Just get a class 10 SD card. NewEgg's price is good for this model.
Cons: None really, I did find it difficult to get certain shots before I read the manual and understood everything, but that is not manufacturers fault.
Other Thoughts: Read the manual (The whole manual), buy an extra battery and external charger.