I just lost my Canon S3 in a situation too painful to recount, so am looking for a new digital camera. The S5 looks pretty good to me. Features I particularly like:
1. Anti-shake. I rarely have the time/patience/opportunity to use a tripod.
2. Gimbled view screen. I love being able to frame a shot by holding the camera over the heads of people in front of me, or a real low angle shot without getting down in the dirt. The screen on the S3 was pretty small, and it's nice Canon enlarged it for the S5.
3. AA batteries. I know Li-ions are good, but they're soo expensive, and sometimes I'm camping where I don't have a charger handy. I can carry lots of AA's.
4. Flash shoe. The built-in flash is usually wimpy, and red-eye-ee.
5. Extended telephoto. What my S3 had was fine. Anything wider and I just spliced two photos for a really wide shot. At that point we're not talking about really good viewing detail anyway.
6. Handy movie mode. I don't really want to shoot videos to show on my TV -- just mementos to look at later. I liked being able to shoot a movie, and take a still photo, without messing with the mode setting.
I keep reading how Canon is falling behind the competition. I understand there are P&S (prosumer??) digitals with bigger lenses, wider zooms, more megapixels, sharper and less distorted pictures, optical viewfinders, etc., but I've been happy with my Canon quality shots. Even when I had an SLR with a big, heavy zoom, long shots usually didn't turn out to be much anyway. Either there's haze, or too much hand shake.
I found the S3's electronic viewfinder quite satisfactory. In low light, it would actually make it easier to see what I was shooting. There's also the SLR feeling that what I see is what I'll get (but sharper). I remember seeing a complaint that it's not good for manually focusing on some really fine textured things, but I pretty much never do manual focus.
Anyway, I haven't seen other cameras that compete with the S5's feature set. If there aren't any, then I've found my new camera and just have to start shopping for price.
So -- any recommendations for other camera's I should consider?
Thanks.
P.S. I do think it's cheesy of Canon to jump from S3 to S5 for the relatively minor and incremental changes from the S3.