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We're pleased to see that Nikon is sticking with a 1/2.3" size sensor with their budget models, instead of shrinking it down to hit the right price point. What you will sacrifice for this price is speed, with just a 1.1 fps burst mode, though the maximum shutter speed is about average for the category.
Again, video quality is reduced too. But, for the budget price tag, the Coolpix L30 should get some decent images. It includes an ergonomic grip instead of trying to fit in a pocket (we don't recommend storing cameras in pockets anyways). The interface is designed to be a bit simpler, with a large screen for easier reading. If you can swing a bit more cash, the S5300 and S6800 are faster options, but the L30 is a nice option if you just can't go any higher.