Color quality is not really a problem on any digital camera. They almost all have a white balance adjustment so that you can get good results even under adverse lighting situations.

I have only seen one review on the Canon S2 IS and it was very positive. The specifications on the S2 IS show that it will be excellent for sports and actions shots.

The Canon S1 IS held the record as the best camera for taking video. I would assume that the S2 IS will do the same. You can even zoom while taking the video. Most digital cameras will not let you do that, as their microphones will pick up the noise of the zoom motor. The Canon zoom motor is silent.

The video quality is very good, but it will not be as smooth as a camcorder, unless you use a tripod. Using the viewfinder will improve the smoothness when hand holding the camera for video.

The S2 IS sounds like it will suit your needs very well.

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