I had a play with my father's FZ200 at the weekend. I'm sure the output is ok, but for me it's a non starter. Right from the off i got super frustrated with Panasonic's little jog dial set up. I just cant work it. Well i can but hate it. I sold my LX5 because of it. I tried again with the G3 , still didn't like it.
He picked the Fuji. I think he briefly considered the Panny but he never bought one. He did some great stuff with the Canon, as well. I preferred his Canon stuff. But, now we can't see it because he has deleted his flickr account.