16 megapixels on a tiny sensor...noise is gonna appear fast.
Yes, but the sensor is larger thn the one used on the HS10, which had good write ups. Also, you do not have to shoot at 16 mp, you can shoot at a lower mp which will help with noise.
All in it looks to be a fantastic camera, one which will give someone many high end DSLR features at low end DSLR money.
Yes it is not a DSLR, and there will always be an image quality issue, however it will give people a much broader introduction to many different areas of photography that only a DSLR and big bank account previously did - and I'm talking wildlife, sports, macro etc. which will need expensive lenses to get anywhere near some shots on a DSLR. Now I am not saying that you will get similar quality all the time, but enough of an idea to see if you like an area of photography without the investment.
The flippy screen, HD video, slo mo capture, hotshoe, etc.etc. will also appeal to many.
Just because it is not a DSLR does not mean it should be discounted, though many on here will do this.