When I first saw the specs, it was a "Whoa" :bigeyes: moment. But then it got me thinking: this cam is purely for consumers who are attracted or (their perceived) need the megapixs.
Why? Well, with the trend that is going, Canon and Nikon are coming out with cheaper DSLRs which would be better (do your own comparison of why) that this Sony cam. It all depends on the price that Sony puts up. Furthermore, a fixed 28-200 lens? The price for a third party lens would not be too much higher + a DSLR.
The only other advantage is that the Sony cam has movie modes that is not possible with a DSLR so it is targetted at the consumers who have $$$ to spend on.