Canon claimed ownership of the longest-ranged point-and-shoot camera tonight through the debut of the PowerShot SX30 IS. The camera thrives on a new 35X, 24-840mm equivalent lens and has extra hardware to compensate for the exaggerated shake. Its image stabilization can compensate to the equivalent of four to five stop, and it includes both a regular ultra-low dispersion lens element as well as a second with a high refractive index to minimize chromatic aberration at the far end of the zoom range.