I got the Panasonic FZ200 for a Christmas gift and I love it so many features. I can't wait for the weather to warm up so I can really have some more fun with it, as far as the Nikon 5100 I have the Nikon D5000 and love it as well I have never had a problem with it and the 5100 is the upgrade to that. I think you will be happy with either of these. I love that the Panasonic offers both a hot shoe (for flash and microphone) and that it has a lens hood not a feature I have seen on many point and shoot cameras. good luck oh and if I was going to get the D5100 I would pay the extra and go for the newer 5200 model just my opinion.