I've not got a ZS10 and tried it out for the first time a couple weeks ago at the Fox Theatre in Oakland.
I tried out the 1080p mode, and although I like the slight increase in quality and (obviously) size over 720p, the 30 minute limit is a huge pain in the ass. One more thing to juggle along with batteries and song length.
I've uploaded videos from the show
here.
Picture quality is noticeably better than that of the ZS3, and I agree that the mics are just a bit more sensitive than those on the ZS3/7. The only bit I'm disappointed with is that, like the ZS3, the picture still goes out of focus when zooming in or out. The best compromise seems to be zooming in half-way between your anticipated maximum-wide and maximum-tele points. This way, the closer you are to the initial auto-focus when you hit record the clearer the picture, and the quality loss is lessened the further away you go. Staying zoomed out or zooming all the way in before recording makes everything very blurry very quickly as soon as you start to move away from that point.
Settings:
Program AE
i-ISO
Auto white balance
Q-AF: On
C-AF: Off
Digi-zoom: Off
AF assist: On
Stabilizer: On
Quality: FSH (1080p) or SH (720p)
Active Mode (image stabilizer): On