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As a multi-purpose camera it does ok, but also as a multi purpose camera it does few things very well. Shutter response was mediocre, low light performance was poor, zoom range was good but at the high end don't even consider it without a monopod (esp because you need longer exposure times to compensate for the lower light).
If you didn't have anything else I would consider it as an all purpose camera, but not as secondary gear.
ETA: And as far as I recall it doesn't shoot RAW (which was a total deal breaker)
Check out this test vid....Great video. I wonder what a handheld still shot would look like?