Getting to the camera, I also do not miss the accessory shoe as I bought this camera for two reasons. The battery compatibility as I mentioned and its small sized ergonomics. As other reviewers have mentioned, the rotating hand strap makes the camera comfy and very handy. My wife can throw it in a purse or I can keep it in the same bag as my digital rebel. And that's the point. Along with the Optura 300 and Elura series, this is a go virtually anywhere miniDV cam. The person that is comparing (and comparing poorly) the GL2 to this cam misses the entire point. 2 different cams for different purposes. I doubt that if you are considering a GL you are even looking at a compact cam. The GL and XL series cams are much much better than any of these.

If you want a compact camera with optical image stabilization, with typical Canon engineering, optics and quality, this would be an excellent choice. But shop around for a deal because the Optura 300 is also very good (some would say better) and the Elura 50 is a budget minded compromise if that's what you need.