This is a very good camera, it was posted a few weeks back for £139.99. Now it's £129.99. People really underestimate this camera. It was so good I bought two. Going to post some photoshots soon.
Very impressed. The camera uses the latest Power O.I.S image stablization. This is reported as twice as effectice as Mega O.I.S. Takes HD video. Uses the latest Venus Engine V that Panny has to offer. Dimensions are very small, so it can very easily fit in your shirt pocket and the build quality is excellent. It does have a lot of manual controls. As a Fuji user though, I am more used to the buttons controlling the ISO/EV/SIZE via separate buttons, but I quickly got used the to menu arrangement of the FP8. Image quality is very good. It's not as good as my Fuji F70EXR, but unless you were inspecting it too closely, you wouldn't be able to tell. Response, from turning it on to shooting is extremely impressive. Never miss a shot with this. I would have preferred some kind of lens protection on this camera, but I guess you can't have everything.
In short this is a top of the range Panny in it's class with all it's latest technology but at a cut down price (140 pounds when I bought it). Only reason why I would see the price going down is because the TZ6/7 is going down in price too.