Is Lumix TZ60 a Good Travel Camera?

My colleague Martyn love pixels, the more the merrier!  He also adores large sensor in his DSLR, full-frame; no less! Oh, did I say he also uses only "L" lenses for his 5D Mk3?

Imagine my surprise when Martyn came back from his long Australia holiday and told me how impress he was with the LUMIX TZ60 he took with him!

LUMIX TZ60?

You kidding me?

That is an 18-megapixel small 1/2.3-inch sensor point n shoot!

Look at the lens, a 30X Leica DC Vario-Elmar 4.3-129mm f/3.5-6.4 zoom (24-720mm in 35mm equivalent).  A whopping 24-720mm?

Serious?

The really compact TZ60 with the 30X Leica zoom lens

Martyn's enthusiasm got my attention alright, so when he offer to let me play with his TZ60 for the week end; would I refuse?  Duh!