I carry my Panasonic ZS3 everywhere (MTB, skiing, etc). It has 12X optical zoom and does HD video, and the image quality is quite good as long as I don't need a full resolution crop. It lacks manual controls, but they wouldn't really help since at any particular zoom there are no more than a couple choices of aperture value. There is a newer model with some manual controls (and the same limitations), but I can usually do everything I want in auto mode, and there are many scene modes to cover unusual situations. The biggest problem with it in my opinion is the lack of an optical viewfinder, but I guess that's normal for compact cameras these days.