I see that the FZ5 would be more ergonomic when shooting, and the S80 would be more ergonomic when not shooting. (It seems truly pocketable). The FZ5 has image stabilizaton. The S80 has more pixels, has a real view-finder, and a bigger LCD screen. The FZ has a much better zoom range. Now that I've been pointed to the dpreview site, I'm impatient to hear what they say about the S80, though the slightly bigger, older S70 was much admired. Have I missed anything obvious or predictable? thanks for your thoughts, Joe PS: Apparently Panasonic ships the first S80s today.