This has been a great thread with lots of fantastic input thanks to Duncan and other enthusiasts so thanks for that.
I was one of the earlier purchasers of the X10 but due to work (and massive DIY) commitments I've not yet used it extensively.
Last weekend however I dropped in on my parents to find them making Pizzas with some of the young ones and immediately returned to the car to grab the X10.
Light in the kitchen was good with a decent picture window and light walls and If I'd been thinking I would have chosen 160 or 200 iso and aperture priority with maximum aperture set. I wasn't however thinking and I shot in P mode, my walk about setting for the DSLR, and used 400 iso. The camera was set to save raw files which were later processed in Lightroom 3.6.
Horrible noisy images with bacteria-like noise infesting the entire image even when viewed at 30% or so. After a little noise reduction and a tad of sharpening much of the noise dissapeared but the skin tones were terribly smeared, most discouraging.
The x10 performed brilliantly on the day, I didn't miss a shot, focus and shot to shot time were fast, unlike the new Canon G1X which, following in the G series tradition was too slow to catch the antics of the company dog during an SWPP try out in a Local park recently. The lens is sharp from corner to corner, the image stabiliser works brilliantly - I've never been averse to a little subject movement blur in reportage stuff but the noise, it was deafening!
Should I have shot Jpegs? The X10 certainly seems to prioritize them and lightroom works very well with jpegs although the limited bit depth will restrict adjustments of course. My first shots with the x10 were jpegs of course, ACR 6.6 hadn't been released and silkypix is to me at least, unusable.
I love the camera, it's portability, it's large apertures and the slightly OOF backgrounds that lend depth to images that no other compact I've owned could equal.
DC resource has almost written off the IQ of the X10, DP review is holding offf, giving Fuji a chance, I suspect to get things sorted, but that said IQ is not everything in my photography but the Pizza party pics were unaceptable.
Anyone got the jpeg /raw/ noise thing sorted yet?
Maybe I could have reduced the resolution? - very happy with 6 megapixels.