It sure is! Still trying to make sense of it, though. I intend to use it mainly for portraiture and such. An occasional Street shot or two, maybe - sans the zoom lens, mind you. Extensive use of zoom is generally frowned upon in Street photography. Have my Powershot to take care of that.
I took this while we were waiting for my cousin who had forgotten where he had parked his car, and went searching for it. The wife bought me a new camera that we've been saving up for. A Canon EOS 600D!
But my trusty Powershot is still my trusty Powershot!