I'm keeping my X10. After the trauma of the orbs and two journeys back to Fuji I kind of feel attached to it and besides it is almost my perfect compact camera. The X10's only weakness for me was that resolution couldn't quite match my LX5 but those colors and body made up for it. Enter the X20. This is one fast little beast with a great viewfinder and where those promises of better resolution have been kept. The silver body is a joy to hold and look at. Line detail is resolved really well but poorly lit areas are being smeared even at NR-2 and my pathetic attempt at RAW processing with Silkypix shows similar effects. As the ISO increases to 3200 it is clear that my X10 12mps JPEGs are showing less noise ( or at least better processing ) than the X20. Now that's a surprise. I like my new acquisition but from what I've seen there would be no compelling reason to upgrade based on IQ.