Here is a comparison of the two:
It shows the strong points of each.
after our grand daughter tried out our Nikon compact in the bath (not good, not good at all) i borrowed a friends P100 ($412) and liked it, (the huge zoom is a major attraction) also had a chance to use the Coolpix L120 ($340), slightly smaller zoom, but much the same in feel and use
any advice on which to buy? (or any camera in the same category)