Well i mentioned 7 features of TZ5 over sx110. But for me , out of those features only one feature was a matter of concern. the wide angle(28mm vs 36mm)
As all other features are not really that important and of much use.
Features of SX110IS over TZ5
1) Image quality, no mater how good a lens be, A manual mode camera has an edge over auto modes. The sx110 macro focus distance is 1cm, and it focus really good at 1cm, check out sx110/100 macro shots at flickr. The Auto focus and manual focus at full Zoom is no doubt better than TZ5, as its a tele zoom camera(360mm vs 280mm). So I dont think there is a very huge difference in lens of TZ5 or SX110, in fact the final output of sx110 will be better than TZ5.
2) A much powerful flash than TZ5. My sx110 takes 3-6 sec delay while each flash shot. But that's because of the AA batteries and not the camera. Any Camera using AA battery will go through this. And we can always use a power adapter while taking indoor shots to save the batteries.
3) It uses AA rechargeable batteries, the freedom of getting it started anywhere anytime is better than worrying about low battery of TZ5.
4) Digic 3 processor used in Sx110 is far more superior that TZ5.
5) Even at high ISO the image quality is better than TZ5.
6) Canon face detection is the best at the moment.
7) Indoor Photography needs light. And TZ5 will be of no use at low light as at higher ISO tz5 struggles and of no use with a not so great flash.
8) the VGA 640x480@30fps of SX110 is better than VGA 640x480@30fps of TZ5. You will be using these video recordings most of the time as HD video will take all the card memory for just 12-15mins. Unless you use 16GB card, the HD video feature of TZ5 is useless.
9) CHDK firmwares will make sx110 more versatile.
10) Image stabilization of canon is much much better than TZ5.
I read many reviews of sx100/110 vs TZ5 for like 2 weeks. And I was sure that i was going for the right thing when i bought SX110 over TZ5. At the end only thing i wished SX110 could have had was a 28mm, but then it does not really matters for me. For everything else SX110 is better.
Compare unphotoshoped image samples of both cameras and decide whats better for you.
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