It is a great camera... and... every camera is a compromise.
Ask yourself: Why do I need a 35mm type SLR for my hobby.
The primary advantage of an SLR type digital is a large sensor. This enables higher f-stop settings... up to about f22 versus f8 for smaller sensors. It generally has less noise. You can make bigger photos, up to poster size with little degredation of the image. You have a huge range of lenses to do almost anything.
The downsides: Much higher price, especially for lenses. Much larger weight and size to haul around... must carry multiple lenses for wide angle to long tele.
Depth of field: The longer the lens, the shorter the depth of field, otherwise known as the area that is in clear focus. So, it you shoot a 300 mm lens, you will have a narrow depth of field. You may like the ability to have the subject sharply in focus with everything in front and behind out of focus. On the other hand, you may want a clear image for everything. A non SLR digital, with its smaller sensor, has a much smaller real focal length, and thus, almost all parts of a photo are reasonably in focus. You can use digital software to defocus those parts you don't want.
I used an film SLR for years. Now, I've gone digital because I want something lightweight to carry on trips on motorcycles or on foot. I do not want to be a correspondent photographer loaded with equipment. What I do want is complete control over the camera, like you get with an SLR, so this eliminates virtually all pocket types. I ended up with an SLR like camera, choosing the Panasonic DMZ-FZ20. Astounding Leica lens than runs from 35 mm to 420 mm (35mm equivalent). Total control. Powerful flash. I'm biased. I see the value of an SLR in certain situations... especially studio... but not for the general rank and file.
See my camera at:
http://www.dpreview.com/reviews/specs/P ... mcfz20.asp