The bottom line - Nikon’s Coolpix L5 is an appealing entry-level model. While suffering from poor shooting performance, like we have seen with all of the “L” series models, it does offer great image quality along with various high-end features. With a street price of US$249 or less, it offers an Ok value for a 7-megapixel digicam. If you liked the L5, but want a more compact model, be sure to check out our review of the 6-megapixel Coolpix L6, which can be had for about $50 less.