After tons of research reading all reviews I purchased the SD700 upgrading from an Olympus Camedia 3000. I've been using it for a few months now and am overall disappointed with the quality of my pictures. Lots of blurry pictures, lots of red eye, definitely not as good as my Olympus. I'm going to purchase another camera and give this one to a family member. Perhaps this is the tradeoff for a small camera. I do like the size, which allows me to take the camera with me more often, but I'm going to go back to getting a higher rated point and shoot.
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