Camera or Phone?

My Panasonic FS8 is not a year old and I am content with its performance, I know. But perusing over at Gizmodo (reading up on the new iPhone leak), I saw a new Leica. I don't know, the Leica brand has a certain appeal to me. Following a couple of links later, I saw its Panasonic equivalent. Now, I want to buy one.

I'm not really a camera aficionado nor a photographer wannabe, but I do like my gadgets to be really good. Not really best of the best awesome 'cause that'd be too expensive, but awesome enough so that I know it's way above the average of its kind. I now have two equally attractive cameras in consideration, one I saw in Gizmodo and one I found while googling the aforementioned camera. 

First up is the Panasonic ZS7, which has 12x Optical Image Stabilized Zoom. I like it because I realized that I like having my camera shoot good images from afar. I'm not very keen on going lengths to get good pictures. I'd love to have the power to shoot pictures at long distances. Also, what makes this camera extra neat is that it has built in GPS, geo-tagging baby! Coupled with other new features such as Intelligent Resolution Technology and all that shiz, I am very much considering breaking my piggy bank.

The other camera I'd like to get my hands on is the Panasonic TS1. It's waterproof and shockproof, I don't have to worry getting it all shaken when I use it. It is a 12.1-megapixel camera, not that it's all that matters, and it has Lumix's new Venus Engine HD which from what I understand is a processor. It's a bit older than the ZS7 but it has specs that really stand out. 

So what do I do? What I usually do, delight myself researching about these gadgets. I'll think about the buying part later. And besides, I'm also considering buying a phone. Between the two, it's hard to think clearly right now. Let's just indulge shall we? 

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For in depth reviews, check out Digital Photography Review and Imaging Resource.