Back in the 70s, I used to carry a suitcase with 3 Nikon F bodies for different films and 6 lenses from 28mm to 500mm including a macro lens. The thing I like best about the P80 is that it can do all of the things the suitcase full did in the one compact camera with no time wasted in changing lenses or bodies.
Most of my photography is outdoor nature and scenic so I rarely use flash or indoor available light. I frequently use the widest angle, the longest telephoto, and the macro focus. I sometimes use the flash for macro-photography. If I did more indoor work, I would probably regret the inability to attach a separate bounce flash. I have added a +1 diopter closeup lens and a Raynox 150 to allow me to take macros at the longest telephoto setting so I can take, say, butterflies from 8-30 inches away.
You will have no difficulty making crisp 8x10s or much larger. Pictures get quite grainy/noisy at more than ISO 400, but that is true of all the competitors also.
If all you want is to take the kinds of pictures your Kodak allowed you to take, there are now much more compact cameras with 3X to 6X zooms and much higher resolution images than your Kodak (including some from Kodak). If you want to significantly expand the range of subjects you can take with a single camera and lens, the P80 does an excellent job.