It's my first-ever Sony camera, and for a camera this small, I think it's great, seems well-made, even has a metal tripod socket. My first W300 had flakey optics and looked noticeably fuzzier on the lefthand side than on the right, but #2 seems just fine. Nice luminous quality to the photos with little effort, and the greens, blues and oranges look great, if a bit idealized.
I don't like Memory Stick or it's variants too much but fortunately, I won't have to buy many of the things, because at my camera's max quality settings, I can fit 700+ photos onto a 4 gigabyte card, and that's more than I'm likely to use in a single day.