Canon S3 is reviewed on dpreview.com and if you look at their sample gallery (and I am sure Phil Askey and co. knows how to take pictures), you can see, that, despite that fact that S3 upped the ISO to 800, the samples at ISO400 and ISO800 are quite noisy.
I am deciding between Canon S3, Fujifilm S5200 or S6000, and Panasonic FZ7.
Canon - 12X Optical Zoom, OIS, Zoom during video, ISO over 200 has noise;
Panasonic - 12X Optical Zoom, OIS, I believe zoom during video, Video over 100 has noise;
Fuji - 10.7X Optical Zoom, no OIS, no zoom during video, ISO acceptable up to and including 1600.
Decisions, Decisions..........
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