Eli
the 5 and 7 dont exactly have the same feature set the lens on the 5 is slower and has more digital zoom in its claimed 22x (BTW optic and digital zoom arent multiplable but additive, but the manufactures dont want you to know that.) it only has a 10x but its 10x is a little bit on the short side for what it can do, i still think that some of the optical has a little bit of digital zoom in as in what i tested it the zoom maxed out beforethe view finder said it had reached the end of the optical on the indicator.
the 7 is a good camera but the programming for resoultions is all messed up. there are no fine level of compression for any of the native resoultions (6, 3, 2,1 mp resoultions) and that the 12mp setting is just a blown up image by the onboard processor(this is called intrepolation), to get the "12" mp setting the onboard processor is enlarging a native image by 25% (going from 6mp to 12 mp isnt doubling the resoultion because if you doubled the resoultion of a 6mp camera it would then be a 24mp camera) then compressing it in either RAW, Fine, normal, small.
because there are no other compression levels in the native resoultions other then normal the resulting images in my opinon are over compressed and full of noise (both compression and sensor related)that requires work in photoshop, and a run through neat image to get rid of the noise.
i dont own this camera my self but i do have access to one, and have used one to take images in just about every enviroment, and the opinon stays the same. fuji basically tried to make a improvement to a solid camera (the fuji s602z) but in the upgrade snafu'd it in the programming. now if fuji were to change the programming i would consider it but at this point the next digital camera i buy will be a DSLR (the 10D or 1D replacement) as this is area i would rather have since by the time i am getting another camera i will have a complete set of canon L lenses for my 1V. but beyond the short commings of the camera it still produces some very nice images but they will require some post processing work
if your looking for some review of the S7000 and S5000 look at these reviews
S5000
http://www.dpreview.com/reviews/fujifilms5000/
http://www.imaging-resource.com/PRODS/S5000/S50A.HTM
S7000
http://www.steves-digicams.com/2003_reviews/s7000.html this is the only s7k review on the internet at this time.
FWIW
tooth