megapixels

the nikon coolpix 5400 is a solid 5MP, 4x zoom camera with a strong feature set. but it has a few shortcomings so make sure to consider its competition.

pros:
- 5MP and 4x optical zoom.
- good color response, average resolution for 5MP.
- photos have very low noise.
- allows a great deal of manual control.
- macro mode better than most.
- low redeye occurrence.
- virtually free of chromatic aberrations.
- shadow highlights maintained.
- timed exposures up to 10 minutes.
- expandable with a boatload of lenses, flashes, and other accessories from nikon.
- wider lens than most.
- supports CF card types I and II.
- flip-out LCD display - protects LCD when not in use.
- high resolution LCD with anti-reflective coating that actually works.
- very comfortable to hold with a deep hand grip made of soft rubber.
- compact body feels solid.
- reprogrammable FUNC button, and initial record menu.
- above average battery life (i still recommend getting a spare though).

cons:
- some lens distortion, especially at maximum zoom.
- images occasionally appear soft around corners.
- slow response interface, non-intuitive menus.
- no AF assist light - very puzzling why nikon doesn't provide this.
- to add insult to injury, this camera has a hard time focusing in low light so an AF assist light would really come in handy.
- average auto focus speed.
- buffering issue? the camera locks towards the end of write process.
- slow CF write speed / processing.
- you're on your own when using manual focus - it doesn't show focus distance.
- LCD smaller than competition.
- RAW mode not supported.
- flimsy cover for CF slot.
- no live histogram in record mode.
- no support for external Speedlight features such as AF assist or flash zoom.
- connectivity options all over the place rather than in a central location.
- uses proprietary battery so make sure you add some $$ to your budget to get a spare.
- the supplied 16MB CF card is inadequate - again, more $$ for more memory.

the coolpix 5400 is a solid camera from nikon with a very strong feature set. it will produce very good pics in point and shoot mode but still has full manual control if you want to be more creative with your shots. i've given this a 4-star rating because of two important factors for me: the lack of an AF assist light and the dead time at the end of write process. i would suggest that you consider the canon g5 and the sony dsc-v1 before committing to the nikon 5400.

i hope this helps with your buying decision. peace.

Finally decided to get the Nikon 5400 from Amazon at the regular Nikon suggested price, because I have grown to trust Amazon, and my impression is that the "lower priced" 5400's out there are mostly gray market. This made-in-Japan wonder, has not let me down. Have been using the 5400 about 10 days now. I took camera and manual up to a lean-to in the Adirondacks for an overnight, and had a great time trying the various features. I took pictures in the deep forest in a misty rain, using a Leki Photo walking stick as a monopod and got great results. I set the white balance for "cloudy" and colors were rendered accurately. Subsequently, on a clear day in the shade, with white balance set to "shade", greens were nice and warm - not blue as with slide film (unless you put on a filter.) You can even bring along a piece of white paper, aim the camera at it, and set the white balance precisely for any lighting situation. I have methodically plodded through the manual, and pleasant surprises abound. The camera is a joy to use, controls are well deployed. And with battery, it only weighs 13 oz - a backpacker's dream camera, with 28 - 116 zoom. This is possibly the only 5 MP camera on the market with a 28mm equivalent wide angle lens integral to the camera. In macro, it will focus as close as 1/2 inch! If you are into scenics and nature, this is the camera to own. The only down side so far is the viewfinder (the glass one you look through) which has a somewhat restricted view.

Having had some doubt about the ability to get high performance from a digital camera (below stratospheric costs), I decide to try the Nikon 5400. It has delivered consistent, fine images and allows many pre-set modes to shoot as well as manual control. A top piece of equipment with Nikon know-how.