My Dad is an avid snapper and I took some advice from him on the camera purchase. I sent him loads of links to various cameras and he kept telling me to get the TZ70. We've just returned from a week on the Amalfi coast and we used it loads, the image quality when viewed on our 55 inch TV is stunning, really pleased with it and as you say about the LF1 its small enough to fit in a pocket which is a plus point.
Technics SL1210 with
SME IV Arm & AT OC9XML,
Firebottle modded Tron Convergence Phono Stage,
Bluesound Node 2i, Technics SL DZ 1200 CD
Denon PMA1700ne amp
Yamaha NS1000M Speakers.