What Camera Should I Buy?

canon s5 is cameraI want a digital camera with over 10x optical zoom, good close-up capabilities, easy to use with the option to use manual settings, and quick shutter speed (so I don’t have to wait 2+ seconds between shots).

My main candidate is the Canon Powershot S5 IS, for around $400 Canadian. It’s received excellent reviews, with its main complaint being it doesn’t output in RAW format, which I don’t care about (or should I?).