Canon has released info on their updated Powershot S5-IS --
(Info from press releases)
* 12x optical zoom lens with Ultrasonic Motor (USM) and UD lens
* Optical Image Stabilizer
* 2.5” high-resolution vari-angle LCD
* High ISO 1600 and Auto ISO Shift
the 12x optical zoom lens (f/2.7 – f/3.5, 36-432mm) incorporates the same leading technologies used in professional EF lenses:
* Optical Image Stabilizer (IS) technology suppresses blur when taking stills and minimises image shake when shooting video footage. Canon’s lens-shift type IS allows photographers to shoot at shutter speeds up to 3 stops slower with no perceptible increase in image blur.
* An Ultra-Sonic Motor (USM) delivers rapid, responsive zooming with virtually silent operation, reducing the risk of sound interference on movies and or when shooting wildlife subjects.
* An Ultra-low Dispersion (UD) lens element curbs chromatic aberrations at longer focal lengths to ensure faithful colour reproduction and sharp definition.
http://web.canon.jp/Imaging/pss5is/index-sam-e.html
My Fuji 5600 doesn't have IS, and I miss it sometimes since I have it on my Oly 2100 UZI (with only 2mp), so I always love to see the latest releases on super-zooms.
It will be a while before we see any reviews, but DPreview.com said that the IS "worked well" on the previous model (S3-IS). Canon added more pixels with the same size sensor, so image quality above ISO 400 will be a question.