When Fuji USA announced the S200EXR, they referred to the camera as a "bridge" unit offering a long zoom and excellent image quality without the bulk associated with the DSLR and its interchangeable lenses. They then went on to say users of the S200 would find their results "equal or superior to" DSLRs.
The S200EXR is an excellent camera and I would have to say the best ultrazoom overall that I've tested. Image quality is very good and no one in the class has better ISO performance. The camera offers a full range of manual and automatic shooting modes, and a host of user established settings to manipulate images in just about any conceivable way. Shutter lag is minimal. AF performance is on a par with the class competition.
As good as the S200EXR is, it still falls a bit short of many DSLR performance standards, particularly in the ISO noise arena. But as an ultrazoom that packs a modest wide angle to long telephoto capability in a package sized like an entry level DSLR with a short zoom lens, this Fuji is pretty hard to beat.
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