It's possible to get great shots with any camera. Here are some from a ZS3. While well known as a compact super zoom, not particularly well known for excellent IQ. He says that many are untouched out of the camera.Here is a series that does not look bad to me of various photos.
The World's Best Photos of dlux5 - Flickr Hive Mind
My best pics / Mis mejores fotos - a set on Flickr