Fujifilm FinePix S1600 12.2 MP

Now then people...i know some/most/all are into taking pictures and i'm looking for a basic 'point and shoot' camera...mainly due to heading off to Goodwood FoS again this year and i want to get some good pics.

I don't have a huge budget as most of it has gone on fixing the Clio, a mate of mine has recommended the above to me so i figured i'd ask about to see if this seems to be a good course of action??

Cheers in advance

James