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I just picked up a S3 IS and I FRIGIN' LOVE IT! It's certainly larger than the compact, fashion cameras (the super slim sony's and casio's, etc), but it's a lot smaller than a full-out DSLR. It's got enough manual controls to keep me interested and the articulating LCD is fantastic. that said, if portability is an issue, you may not want one, because it's not exactly pocketable.
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