Hi Phil,
I have the camera for two months. What am i think of it? Letme explain;
First of all i am not a professional photographer, it is my hobby. Therefore you can understand that i can not buy quality lenses for a DSLR, and pay thousands of dollars for its equipment. That was the first factor that made my decision.
I had a research for a week, and i saw that a slr-like camera was suitable for me. And found the FZ50. To be honest, the second factor was the focus ring and zoom ring in the camera. You feel like a professional when using hem. The camera is also recording the videos and 12x optic zoom is great. (nothing to tell about Leica lens). Looked at the samples from the net and that was enough for me. As i said i am using it for two months, and it seems i will use it for years.
They all talk about the noise, however it is a professional thing

It is a perfect camera to me with its functions...
Take care