At the higher ISO sensitivities, JPEG images don't fare very well. Here, the automatic white balance wiped out the warm tonality of the colors, and you can see noise-suppression artifacts on the clock and sky. There are also quite a few hot pixels in the sky. Shooting raw makes a huge difference at night.
Typical for its class, the P7700 doesn't have a lot of latitude in the highlights, but there's enough to bring down some of the blown-out areas in a shot like this. In brighter shots (such as with light-green apples), there's nothing to recover.
(1/200 sec, f4.5, spot metering, AWB, ISO 200, 28mm equivalent)
The camera has a reasonable set of special effects, but only a few have adjustment options, and even on the ones that do it's hard to get decent results. Also, the Paint effect, shown here, is more faux-HD than painting.