The camera is ansich actually not bad, but unfortunately Panasonic had built into newer version of the really good FZ28 an image sensor, the same size despite 2MP has more. What does that mean it should be clear. Unfortunately had to personally see that the image noise is significantly stronger compared to the FZ28.
I hope for a new version of the FZ38 with swiveling screen and 10MP sensor, and ne color other than black would not be bad, how about a dark silver / titanium / gray?