Sorry it took me a while to get to your question. You know I have some thoughts on the subject
First of all, have you read the digital camera article I wrote for our mountain bike Web site, Mtbr.com? I assume you have. But just in case you haven't, and for anyone else that might be interested, here it is:
Top Five Mountain Bike Digital Cameras
If we're talking about point-and-shoots, I think there are two types of cameras to consider - pocket superzooms and the "rugged" cameras. You already have the Pentax Optio W60 so you've got the waterproof and shockprooof covered. It sounds like your top priorities are better sports photos and better video. For better sports photos, I think technique is going to be more important than any camera specs or features. Point-and-shoot camers just aren't fast enough. Basically, panning and planning are required. Don't expect the shutter lag or program mode to do the job. Set up your shot and pan to ensure a sharp, well-composed photo.
For video, you'll need the latest. Many of the new point-and-shoot cameras have 720p video. I've shot a few clips but have yet to edit any, so I can't really comment on the quality. But the resolution is there for sure. The Panasonic Lumix ZS7 should definitely be at the top of the list since it also has manual exposure control. However, I've found that even when a point-and-shoot camera has manual exposure controls, I still prefer program, aperture priority or shutter priority. So I don't really care that much about the manual controls. Still, if they were there, I'm sure I'd use them.
I think you should take a look at Casio's pocket superzoom, the Exilim EX-FH100. It has 720p video and can capture lower resolution video at up to 1000 FPS for sweet slow motion clips. It can also capture lower resolution stills at 40 FPS. For anyone into outdoor action sports, I think this would be a very cool camera. I really want to get one for testing.
The absolute best point-and-shoot I've used is the Canon PowerShot S90. It's a little bigger than other pocket cameras but may actually be a bit smaller than the ZS7 and other poakcte superzooms. It has the best image quality of any pocket camera I've ever used. It also has manual exposure controls. I though it was great for mountain bike photos. However, it does not have 720p video. You can't have it all, I guess.
For outdoor stuff, I still think waterproof point-and-shoots are the best. For skiing and snowboarding they make a huge difference. For fair weather mountain biking it's not going to matter so much. But the new waterproof cameras do have 720p video. What they don't have is great image quality, manual exposure controls or a 10x zoom lens. So it comes down to waterproof vs features. You'll definitely be able to use the ZS7 or another waterproof camera in ways you wouldn't be able to use a new waterproof P&S. But you'll have to leave those cameras home when it's raining or if you want to do something in or around water.
I'm sure I haven't answered your question. But hopefully I laid out the issues a little better for you. Let me know if this helped or not.



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