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With a 12 megapixels sensor, a stabilized wide-angle lens and manual controls in an ultra-compact body, the Fuji F200 EXR simply has no competition. Add low image noise and superb dynamic-range and you get a unique package. Even though it is not perfect and has its quirks, the F200 stands against cameras outside its league like the Panasonic LX3 and the Canon G10, both of which have far more manual controls than the F200 EXR but significantly lag behind it in terms of image quality.
While image quality is at its best, with exceptionally low image noise, excellent dynamic-range, accurate colors and good image sharpness, this is one of the most complex ultra-compact digital cameras. Its large number of modes and settings are highly interdependent and items disappear from menus regularly, depending on which other option has been selected.