I started to see hot pixels in my good old Coolpix E5900, so I decided to buy a new camera. After much research, my choice fell on Panasonic DMC-ZS1, which was highly recommended by DPreview in their group review of compact super zoom cameras:
http://www.dpreview.com/reviews/q209grouplongzoom/page16.asp
At first, the camera felt great - the 12x optical zoom range was awesome, which is about 6x magnification, compared to the 3x optical zoom of E5900. My excitement started to evaporate quite quickly though once I learned that the camera lacks basic control over image quality.