Well, at first blush it looks good enough.  If the lens does a good job, the zoon of 20X should be pretty hot.  Depending on version, shooting HD video is also a plus.  Curious if the view finder is improved, the one on the S5IS is pretty much unusable.

http://www.usa.canon.com/consumer/controller?act=ModelInfoAct&fcategoryid=144&modelid=17630

I was hoping they would have shot for at least 12 MP instead of 10 MP (so yesterday).  Of course, I would love to see their 28 MP version in this camera, but that is really dreaming.

One last thing, I was a bit disappointed that they did not increase the size of the LCD.  I was hoping for at least 3” instead of the small 2.5” screen.

Oh well, I doubt I will update from my S5IS any time soon.