So far, I have only seen the press release which came out in May:
http://www.dpreview.com/news/0505/05051702kodak_v550v530.asp
Picture quality should be good, they are using a Schneider-Kreuznach lens.
Someone should be doing a review on this camera soon.
...
..
.
Anyone seen any good reviews on this camera? I really like the size and all of its functions, but was wondering how the picture quality is. Kodak has been known lately for having a good picture quality right? Any other suggestions for a tiny point and shoot would be greatly appreciated. Want to have the ability to shoot black and white, so that is a must, and like the sepia controls too.

Chowhound
Comic Vine
GameFAQs
GameSpot
Giant Bomb
TechRepublic