You hit it on the head. I just got the WX1, and am learning all of the features with it still. To me, the benefits far outweigh the cons. The daylight images are still very good, but with the other capabilities it has, makes it easy to not worry about.
The video is excellent, very smooth with some nice features also.
The sweep panaorama is a very easy cool feature. Some will argue it isnt as good as stitching it together, but how many people want to do that.
I think this is an excellent camera, that can show people the benefits of advanced photography. I think this camera will be a gateway-drug. This will show a lot of people the things they can do.