Summary: Despite the Ixus125's slightly soft images by default, I am thoroughly impressed and endeared by this cute, very compact and sexy camera. The 16 mp images, which are jpeg only (no raw) respond quite well to moderate, or often strong, unsharp masking in Photoshop. As this is the only 'post' editing that usually needs to be done to the otherwise great pictures, I have no real complaints.
Summary: I bought the camera to be an easy to use pocket camera for my girlfriend and for that purpose it has been excellent. The only thing that can be criticised is that I expected the battery to last a bit longer (the camera died after about 3 days of taking pictures in what I deemed as non-hardcore use). Still, pictures are great, video is great, the camera is simple to use and works fast. Altogether a great buy.