i took all my pictures at 4MP and lowest compresion and love the quality. the one drawback is that it is a little more difficult to share that pictures and post them on the web because they take up a significantly larger chunck of memory. Unless you know how to reduce all your pictures easily, which i can’t seem to figure out how to do on my mac and iphoto, then be prepared to have a little trouble posting them on the web.
good luck, take more pictures than you think you should. no one ever takes enough.
CAMEL