I got a Lumix (SZ7) to replace a 2005 Elph. It takes better pictures. The Elph makes alarming sounds when the lens deploys, takes shots at 7.1 megapixels (current models are at 18) and the pictures over the past couple of years have been pretty muddy/blurry looking.

YMMV.

Of course, the Lumix developed in the first few months a spot on each picture that is likely the dreaded "dust on the sensor" problem. Fortunately it is still under warranty.
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