Cameras forum

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Panasonic Lumix DMC-FZ20, Canon PowerShot S70, or other?

I'm a web developer looking for a camera that I can use for work (to take photos of products as well as stock photo types to splash onto pages). But I'm also an amateur photographer and would like a camera that can take a high quality shot of various subjects (indoor and outdoor). I'd like a high quality shot in as small a package as possible. I am definately attracted to the compact cameras, portability wise, but would consider a slightly larger camera if it can get me the quality shot that I am looking for. I currently have it down to the:

Panasonic Lumix DMC-FZ20...
http://reviews.cnet.com/Panasonic_Lumix_DMC_FZ20__black_/4505-6501_7-30980683.html?tag=topprods
http://www.dpreview.com/reviews/specs/Panasonic/panasonic_dmcfz20.asp

And the Canon PowerShot S70...
http://reviews.cnet.com/Canon_PowerShot_S70/4505-6501_7-30994101.html?tag=topprods
http://www.dpreview.com/reviews/specs/Canon/canon_s70.asp

They both got good reviews but I'm open to consider other cameras as well. I'm hoping some of you might help me decide which camera is the better one - considering, but not limited to, size and picture quality. Or should I maybe wait and pick up the next best to come out? Two other things to keep in mind: (1) I prefer it to be around (but not much more than) $400-500, and (2) I would like to make the purchase before mid-April. Anyone have any advice or wise words to share?

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