The 12.5-megapixel HZ25W combines the compact size of a pocket camera with the larger zooms more common to DSLRs: a 26mm wide-angled lens with 24x optical zoom, in this case. It can also shoot 720p HD video in H.264 format.
There's no HD output, though. On the upside, the HZ25W (aka WB5000 in Europe) can handle uncompressed RAW images, in addition to standard JPEG files.
Aside from manual controls, aided modes include optical and digital image stabilization, smart face recognition, blink detection, and automatic adjustments to accommodate the color, brightness and movement of what you're shooting.
Update: The HZ25W is scheduled to hit U.S. shops in October at $400. [Samsung]